BoG warns public against six unlicensed deposit-taking entities 

BoG warns public against six unlicensed deposit-taking entities 
Source: Ghana | JoyBusiness | JAD
Date: 08-11-2018 Time: 03:11:06:pm

The Bank of Ghana has warned the public against doing business with some six deposit-taking entities in the country.

A statement signed by the Secretary of the Central Bank, Frances Van-Hein Sackey said, “The Bank of Ghana wishes to inform the general public that the following entities have not been granted license to carry out deposit-taking activities in Ghana.”

The six entities include the following:
• Global Coin Community Help International Limited (G.C.C.H) 
• Wealth Drive Ghana Limited (WDG) 
• Devonshire Place Capital Ghana Limited 
• TCL Markets Ghana Limited 
• FX-Crypto Traders 
• Sonsis Susu Services 

The BoG, therefore, warned that “anyone who does business with these entities does so at his or her own risk and the Bank of Ghana will not be liable for the refund of any deposit lost by a depositor.”

Have your say  

More Business Headlines

What others are reading
CAF CC: Kotoko reach group stage for first time in 11 years
Ghana’s development under Akufo-Addo impressive – Madagascar President
Man City score their 100th goal of season to beat managerless Huddersfield