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
-
CMCE, ActionAid Ghana sensitises community-based violence teams on conflict
60 minutes -
Minority considers Mahama impeachment over constitutional breaches
1 hour -
Asutifi North District achieves open-defecation-free status, 90% district-wide water coverage
1 hour -
QNET expresses deep concern over misuse of its name in Ghana kidnapping incident
1 hour -
New gas processing plant will be a game-changer for Ghana – Finance Minister
2 hours -
Illegal mining fight: 99 excavators retrieved, 208 suspects so far arrested
2 hours -
Seka Group to establish groundbreaking expo-city shopping centre in Ghana
2 hours -
‘Men need not fear Fertility Test’
2 hours -
Taiwo Awoniyi undergoes successful surgery after abdominal Injury
2 hours -
Over-the-counter medicine sellers pledge to help curb abuse of opioids
2 hours -
Ghana’s Black Satellites fall short of World Cup, but shine bright in Egypt
2 hours -
Dafeamekpor sues Ntim Fordjour for defamation over bribery allegation
3 hours -
Journey from Beijing to Accra to reveal how local entrepreneurs can fuel national development – Dr Ampong writes
3 hours -
Imperial General Assurance supports Korle Bu Hospital to provide 24-hour Radiology Services
3 hours -
Government to establish university at Kintampo
3 hours