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
-
Chamber of Aquaculture Ghana calls for strong public-private partnerships to unlock finance and transform the sector
5 minutes -
Lions celebrate International Volunteer Day with over decades of service and impact
10 minutes -
3 dead, dozens injured in Mampong Abuontem head-on collision
19 minutes -
MoFFA shuts down several Eastern Region mortuaries over poor sanitation, non-compliance
20 minutes -
Domestic violence case: John Odartey Lamptey remanded over alleged brutal assault on wife
30 minutes -
Minority urges government to tackle smuggling and protect local farmers
33 minutes -
Ashanti regional minister drags Democracy Hub member to court over alleged galamsey remarks
34 minutes -
Mineral royalties surge across all sub-sectors in 2025; record strong gains in gold, manganese
35 minutes -
Police arrest five suspects behind robberies in Sefwi Bekwai
35 minutes -
Ghana’s economy to expand marginally to 5.9% in 2026 – Fitch Solutions
37 minutes -
Newage Agric Solutions donates rice, soybean oil and cash to MoFA for farmers’ day
37 minutes -
Analysis: After allocating over ₵1bn, parliament now turns on the OSP
1 hour -
OSP’s failure to stop Ofori-Atta is an irrecoverable mistake – Kpebu
2 hours -
UPSA confers posthumous honorary doctorate on former first lady Nana Konadu Agyeman-Rawlings
2 hours -
Martin Kpebu says he has not been formally charged by OSP
2 hours