The Bank of Ghana (BoG) has shut down Dek-Nock Investments, which has branches in Nungua and Ashaiman in the Greater Accra Region, for operating without a license.

In a statement released on Friday (19 July), the BoG reassured the public of its commitment to promoting the integrity and stability of the financial system.

“The Ghana Police Service, in collaboration with the Bank of Ghana, has closed down Dek-Nock Investments, located at Nungua and Ashaiman in the Greater Accra Region, effective today, in accordance with Section 20(2)(g) of the Banks and Specialised Deposit-taking Institutions Act, 2016 (Act 930),” it said.

“Dek-Nock Investments was involved in unauthorized deposit-taking, which is contrary to Section 6(1) of Act 930. The Ghana Police Service is conducting further investigations into the operations of Dek-Nock Investments. We urge all customers of Dek-Nock Investments to remain calm while investigations continue. The general public and all stakeholders will be kept informed of the next course of action.”

“In collaboration with the respective Law Enforcement Agencies, the Bank of Ghana will continue to crack down on illegal deposit-taking operations, and all offenders shall be dealt with in accordance with the law,” the BoG statement said.

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