Audio By Carbonatix
The Financial Intelligence Centre (FIC) has launched an investigation into the McDan Group over suspicions of money laundering, according to sources familiar with the matter.
The Executive Chairman of the McDan Group, Daniel McKorley, has confirmed receipt of the FIC notice and told Joy News he has instructed his accountants and lawyers to respond to the inquiry. The Group also intends to issue a statement on the matter by Friday.
As part of the ongoing probe, the FIC has officially requested key documents and information from the company to support its assessment of financial transactions linked to the business conglomerate.
The investigation is still in its early stages, with authorities aiming to determine whether any funds managed by the McDan Group were involved in illicit financial activity.
Latest Stories
-
Miss Health Organisation unveils new Miss Health Africa and Ghana queens
36 minutes -
Andy Dosty set to headline inaugural Ghana Independence Day celebrations in Europe
37 minutes -
GoldBod rejects IMF claims of $214m losses under gold-for-reserves programme
48 minutes -
Some MMDCEs reject uniform 24-Hour Economy Market model, seek flexible options
53 minutes -
Government to reform cultural, creative sector policies
56 minutes -
Illegal farming ravages Chai River forest reserve
1 hour -
Christmas should inspire unity and national renewal – Prof Opoku-Agyemang
1 hour -
Ashanti Region: NADMO prioritises preventive measures to reduce road carnage
1 hour -
Mahama pledges reset, growth and jobs for all Ghanaians in Christmas message
1 hour -
13 inmates at Nsawam Prison granted bail under the Justice For All Programme Â
1 hour -
We invited a man into our home at Christmas and he stayed with us for 45 years
2 hours -
From uncertainty to clarity: Ghana draws the line on digital assets
2 hours -
23% of Ghanaians battling Insufficient Food Consumption – AGRA Report
2 hours -
Average price of food commodities drops by 32% over last one year – AGRA Food Security Monitor Report
2 hours -
Stampede claims life at Asake concert in Kenya
2 hours