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Tag Archives: BOG

Security personnel save BoG from losing GHC60.5 million

The timely intervention of security personnel saved the Bank of Ghana (BoG) from losing GH¢60.5 million in a fatal accident involving one of its bullion vans and a tanker truck at the outskirts of Techiman in the Bono East Region, which also claimed one life. The van, with registration number …

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VIDEO: Bullion van carrying money to BoG involved in an accident

A video shared on facebook which myafricatoday.com seen indicates that a bullion van carrying bundles of money to the Bank of Ghana in Accra was involved in an accident. In the video, one can see bungles of money collected in a tray lying on the floor while some personnels of …

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Bank of Ghana sacks staff for accepting over GHC400k bribe in Sibton deal

The Bank of Ghana has dismissed a staff Gilbert Addy for what it says is gross misconduct in relation to corrupt transactions and for accepting bribes in connection with the award of a contract to Sibton Switch Systems Limited in 2016. The Bank in a statement revealed that secret and …

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BoG licenses revocation: We’ll start pilling our monies under our beds instead – Customers

Following recent happenings with some major financial institutions in the country, some customers have decided to ‘bank in their homes’ rather than carry their monies and invest in any banking institution for fear of losing their monies in the face of any more revocations. The Bank of Ghana Friday revoked …

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BoG unhappy with receivers, describes receivership process as too slow

The Bank of Ghana has expressed its frustration over the slow pace of work by the two receivers appointed in the aftermath of seven banks collapsing over the last two years. Speaking in an interview on the sidelines of IMF/World Bank Spring Meetings in Washington, DC, Dr. Ernest Addison said …

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