BoG Issues Alert On Some Financial Institutions

The Bank of Ghana (BoG) has issued out an alert to all Ghanaians intending to transact business with unrecognised financial institutions in the country.

In a letter signed by the Bank of Ghana’s’ Secretary, Frances Van-Hein Sackey those institutions have not been granted license to carry out deposit taking activities in Ghana.

Below are the financial institutions:

Global Coin Community Help International Limited (G.C.C.H)

Wealth Drive Ghana Limited (WDG)

Devonshire Place Capital Ghana Limited

TCL Markets Ghana Limited

FX-Crypto Traders

Sonsis Susu Services

"Hence anyone who does business with these entities does so at his or her own risk and the Bank of Ghana will not be liable for the refund of any deposit lost by a depositor" the statement further added.