The front view of Dek-Nock Investment office
The Bank of Ghana says it has in collaboration with the Ghana Police Service, closed down Dek-Nock Investments located at Nungua and Ashaiman in the Greater Accra Region.
This, the bank said, is in accordance with Section 20(2)(g) of the Banks and Specialised Deposit-taking Institutions Act, 2016 (Act 930).
A statement signed by the Central Bank Secretary, Sandra Thompson, said Dek-Nock Investments was engaged in unauthorised deposit-taking contrary to Section 6(1) of Act 930.
It continued that the Ghana Police Service was conducting further investigations into the operations of Dek-Nock Investments and, therefore, urged all customers of Dek-Nock Investments to remain calm while investigations continued.
“The general public and all stakeholders will be kept informed of the next line of action. The Bank assures the general public of its commitment to promoting the integrity and stability of the financial system,” it said.
The overarching goal of the regulatory intervention is to safeguard the interests of depositors and uphold the integrity of the financial system.
The Central Bank reiterated its commitment to collaborating with law enforcement agencies to crack down on illegal deposit-taking schemes and ensure that perpetrators face appropriate legal consequences.
Amidst the closure of Dek-Nock Investments and the investigative processes that follow, maintaining transparency, accountability, and adherence to regulatory standards remain key priorities for financial oversight in the country.
By Samuel Boadi