The Bank of Ghana (BoG) has forwarded some dossiers to the Economic and Organised Crime Office (EOCO) and other security agencies to start the prosecution of those found complicit in the recent banking failures. It said civil action had already been taken by the Receivers and Official Administrators of the consolidated banks against the wrongdoers … Read more
Members of Parliament (MPs) are asking for a parliamentary probe into the micro-finance scam that rocked the Brong Ahafo Region last year leading to the loss of millions of depositors’ money. The MPs want the Speaker, Professor Aaron Mike Ocquaye, to treat the issue with the seriousness it deserves. They are convinced a successful investigation … Read more
Only five banks out the 30 have transferred their records to the Public Records and Archives Administration (PRAAD) as required by the law. They are namely, Ecobank Ghana, Standard Chartered Bank Limited, Stanbic Bank, Bank of Africa and the Universal Merchant Bank. A source at the PRAAD told the GRAPHIC BUSINESS in Accra, that the … Read more