Franklin Cudjoe, the founder and president of Think Tank Imani Africa, has criticized the arrest of Kwaku Rafiki for comments he made on social media about the financial sector. He said that people who said the country wasn't going to ask for a bailout from the International Monetary Fund (IMF) or that there wouldn't be "haircuts" should also be arrested.
National Security agents arrested Kwaku Rafiki, an activist who supported the National Democratic Congress (NDC). They said that his social media posts caused fear and panic. Kwaku Rafiki was given bail after his lawyers talked with national security and the Ghana Police Service for a long time.
Reacting to the news, Franklin Cudjoe wondered who gave the order for his arrest.
“Who gave the order for Kwaku to be picked up? I have a few recommendations. Those who said we were not going to the IMF and No Haircuts on investments could be invited too. The economy is stupid,” he wrote.
Recently, there have been a lot of complaints on social media about investors whose investments have lost value. These complaints come after President Akufo-Addo said that no investor's investments would lose any value.