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
-
Today’s Front Pages: Tuesday, March 3, 2026
18 minutes -
Gov’t to issue long-dated domestic bonds following expiration of DDEP restrictions – Dep Finance Minister
22 minutes -
From communities to classrooms: Hearing care for all children-2026
23 minutes -
Buffer Stock CEO tours schools and warehouses in Eastern Region
28 minutes -
Are we tying down growth? – Finance professor flags on gold reserve policy
43 minutes -
Lands Minister endorses Petroleum Hub Project to generate sustainable employment opportunities
1 hour -
Government to build 600 new basic schools to end ‘Schools Under Trees’
1 hour -
Kumasi Mayor vows to keep Kejetia Market free from highly inflammable materials
1 hour -
Gov’t to open enrolment for affordable homes under National Homeownership Fund
1 hour -
Cashew farmers remind Mahama to fulfil promise to establish Cashew Development Board
2 hours -
National Ambulance Service moves to acquire 400 new ambulances and 500 motorbikes
2 hours -
Gov’t urges Ghanaian pilgrims to defer travel over Middle East tensions
2 hours -
Ghana to create the largest converging centre for mineral discussions
2 hours -
11 foreigners face trial over counterfeit dollar operation in Ga South
2 hours -
GRIDCo chief leads team to inspect Genser’s Prestea Gas facility
2 hours