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BoG and Ghana Police Shut Down Dek-Nock Investments for Unauthorized Deposit-Taking

The Bank of Ghana (BoG), in collaboration with the Ghana Police Service, has shut down Dek-Nock Investments for engaging in unauthorized deposit-taking activities. This action aligns with Section 20(2)(g) of the Banks and Specialized Deposit-taking Institutions Act, 2016 (Act 930).

Dek-Nock Investments operated in Nungua and Ashaiman in the Greater Accra Region. A statement issued by Sandra Thompson, the Secretary of BoG, explained that the Police Service is conducting further investigations into the operations of Dek-Nock Investments.

“All customers of Dek-Nock Investments are urged to remain calm while investigations continue,” she stated.

Ms. Thompson assured the public and stakeholders that they would be kept informed of the progress in the investigations. She emphasized the Bank’s commitment to clamping down on illegal deposit-taking operations, ensuring offenders are dealt with according to the law, and promoting the integrity and stability of the financial system.

Read the entire statement below; 

Source
GRAPHIC ONLINE

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