The Bank of Ghana, in accordance with Section 20(2)(g) of the Banks and Specialised Deposit-Taking Institutions Act 2016 (Act 930), has locked up Dek-Nock Investments for accepting deposits from customers without license.
In a statement, the BOG revealed that, together with the Ghana Police Service, it closed the offices of Dek-Nock in Nungua and Ashaiman for unauthorised deposit-taking.
“Dek-Nock Investments was engaged in unauthorised deposit-taking contrary to Section 6(1) of Act 930. The Ghana Police Service is conducting further investigations into the operations of Dek-Nock Investments,” the statement read.
BOG, however, urged customers of the entity to be calm while authorities conduct further investigations.
“All customers of Dek-Nock Investments are urged to remain calm while investigations continue. The general public and all stakeholders will be kept informed of the next line of action.”
The Central Bank further assured the public that it is committed to addressing illegal deposit-taking operations in collaboration with law enforcement agencies while ensuring the integrity and stability of the financial system.
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