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NewsCustomers of Dek-Nock Investments panic, march to facility's premises after closure by...

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Customers of Dek-Nock Investments panic, march to facility’s premises after closure by BoG

Dozens of Ghanaians are in a state of shock and agony after the Ghana Police Service and the Bank of Ghana (BoG) closed down Dek-Nock Investments, located in Nungua and Ashaiman in the Greater Accra Region.

The closure, which took place on July 19, 2024, was executed in accordance with Section 20(2)(g) of the Banks and Specialised Deposit-taking Institutions Act, 2016 (Act 930).

The BoG released a statement indicating that Dek-Nock Investments was involved in unauthorized deposit-taking activities, a violation of Section 6(1) of Act 930.

“The Ghana Police Service is conducting further investigations into the operations of Dek-Nock Investments,” the statement said.

In a video gone virial on social media, several customers beseeched the company’s premises demanding for their money.

The BoG has urged customers of Dek-Nock Investments to remain calm as investigations continue, assuring that the public and all stakeholders will be kept informed about the next steps.

The statement emphasized the BoG’s commitment, in collaboration with law enforcement agencies, to clamping down on illegal deposit-taking operations. Offenders will be prosecuted to maintain the integrity and stability of the financial system.

“The Bank assures the general public of its commitment to promoting the integrity and stability of the financial system,” the statement affirmed.

For further information, inquiries can be directed to the Other Financial Institutions Supervision Department of the Bank of Ghana via telephone numbers 0302-666174-6.

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