Boakye Agyarko

After a failed coup d'état led by Lance Corporal Halidu Giwa and Sergeant Abdul Malik, the military high command assumed that he was part of coup plotters. This was due to his high political activism and criticism of the economic policies adopted by the country's military leaders led by Jerry John Rawlings. He was arrested by men from the Ghana Armed Forces who took him to the Air Force Base at Burma Camp in Accra.[6] He was shot at the base and sent to the 37 Military Hospital morgue.[6] At the morgue, a nurse realised that he was not dead and rushed him to the emergency services where he was operated upon by Henry Koku Akpalu. After the surgery he fled the country through the help of his two sisters and a French citizen, Monsieur Le Veloire .[6] Agyarko emigrated to the United States as a political refugee[5] and enrolled at Pace University.[5][6]

After graduating from Pace University, he was employed by the Bank of New York, the oldest bank in the United States.[2] He spent over twenty years at the bank and worked at senior levels in various departments of the Bank.[2][3] The positions he held included operations management and analysis, product development, global network managements, international banking and asset management and the Year 2000 (Y2K) Management Group.[2] He had oversight responsibilities of various sectors and departments notably in trade, finance, loan syndications, asset securitization and structured finance. He was the principal negotiator on the setting up of the Bank of New York in Mexico.[2] While working in New York he became a member of the American Economic Association and an Associate Member of the American Institute of Bankers.[3] He rose through the ranks of the bank and became vice president and Head of Global Network Management for the Americas in the Investment Management and Services Division. He left the bank after 22 years so he could contest elections in Ghana.[2] While in the US he wrote a weekly column in The Statesman Newspaper titled Letter from America from 1993 through 1998.[2]

In January 2017, Agyarko was appointed the minister of energy in the Akufo-Addo administration.[7][8][9] He was approved by parliament in February 2017. As the Energy Minister, Agyarko had supervisory responsibility for fifteen major agencies under the ministry.[3]

Prior to Agyarko's ministerial confirmation in February 2017, he was accused by Mahama Ayariga at the parliamentary appointment committee of bribing members of the minority to facilitate his approval as a Minister of energy.[10] Ayariga reported on Radio Gold, that Agyarko through Muntaka Mubarak, the minority chief whip, had tried to influence the decision of the Appointments Committee of Parliament by giving each minority member a bribe.[11] The Speaker of Parliament, Aaron Mike Oquaye set up an ad hoc parliamentary committee to investigate the matter.[12] After the investigation, the Joe Ghartey committee exonerated Agyarko but cited and found Ayariga guilty of being in contempt of parliament for making false allegations against a colleague and bringing the parliament into disrepute.[13] Ayariga was made to render an apology on the floor of parliament and warned to be mindful of his actions in the future.[14] After his ministerial appointment was approved, Ayariga publicly praised Agyarko for his track record asserting that his nomination was approved on merit.[15]

In May 2017, President Nana Akufo-Addo named Boakye Agyarko as part of nineteen ministers who would form his cabinet.[16] The names of the 19 ministers were submitted to the Parliament of Ghana and announced by the Speaker of the House, Rt. Hon. Prof. Mike Ocquaye.[16] As a Cabinet minister, Agyarko was part of the inner circle of the president and aided in key decision-making activities in the country.[16]