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Bank of Ghana closes down  Dek-Nock Investments

 The Bank of Ghana in collaboration with the Ghana Police Service on Friday closed down Dek-Nock Investments.

The closure of the entity with offices at Nungua and Ashaiman in the Greater Accra Region was in accordance with Section 20(2)(g) of the Banks, and Specialised Deposit-taking Institutions Act, 2016 (Act 930).

The Central Bank made this known in a Public Notice issued on Friday.

“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 Bank said.

The BoG urged customers of Dek-Nock Investments to remain calm as investigations continued.

The Bank of Ghana said it would continue to rely on its collaboration with enforcement agencies to clamp down on ille­gal deposit-taking operations.

It further assured the general public of its commitment to promoting the integrity and stability of the financial system

 BY TIMES REPORTER

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