BoG shuts down Dek-Nock Investments for operating without licence

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

A statement issued by BoG on Friday (19 July), assured the general 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 effective today, closed down Dek-Nock Investments, located at Nungua and Ashaiman in the Greater Accra Region, in accordance with Section 20(2)(g) of the Banks and Specialised Deposit-taking Institutions Act, 2016 (Act 930),” its said.

“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. 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.”

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

Notice No. – Bog-gov-sec-2024-16- Notice to the Public-closure of Dek-nock Investments – July 19 – 2024 (2)… by Fred Dzakpata on Scribd

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