Author Archives: edwardkanawu

BNI to investigate fake John Mahama UMB cheques

The Universal Merchant Bank (UMB) has reported to the Bureau of National Investigations (BNI) to investigate what is said to be a photoshopped written cheque book in the name of former President John Dramani Mahama. Two UMB cheques bearing the name of Mahama and issued to two candidates of the just ended National Democratic Congress, Joshua Akamba and Sammy Gyamfi, ...

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Over 90% of banking fraud comes from employees – BoG

Dr Joe France, the Director of Financial Stability, Bank of Ghana (BoG), has said that over 90 per cent of fraud-related cases in the banking sector are associated with the employees. According to him, investigations have revealed that some of the banking staff masterminded most of these frauds and urged the management of Banks to be wary of people they ...

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Gov’t directs Police to interdict 21 personnel involved in Manso-Nkwanta shooting

The government has directed the Police Administration to interdict and begin formal criminal investigations into the conduct of 21 police personnel involved in a shooting incident which resulted in the death of seven persons at Manso-Nkwanta within the Amansie West District of the Ashanti Region. The seven persons were reportedly gunned down on July 17, 2018, by Police on suspicion ...

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Policeman shoots woman over 50 pesewas toll levy

A policeman at a checkpoint close to the Moree Tollbooth shot into a vehicle because the driver had not paid a toll levy of 50 pesewas. One of the occupants, a woman, was seriously injured by the bullet. According to a family source, the family of five including a two-year-old child got to the Moree Barrier around 8.30pm on Sunday ...

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NPP Sky Train Project: Will it pass through Maamobi? – Ade Coker mocks

Greater Accra Regional Chairman of the opposition National Democratic Congress (NDC), Ade Coker has described as overambitious government’s plan to build a sky train. In his view, the NPP government should cut their coat according to their size and quit embarking on ‘overambitious’ projects. “When I heard that government is working towards sky train project, I laughed and asked myself ...

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Budget 2019: Ghana’s public debt hits GH¢170 billion

The Finance Minister, Ken Ofori Atta has put the country’s debt, as at the end of September 2018, to GH¢170.8 billion. This, he explained, comprises external and domestic debt of GH¢86.6 billion and GH¢84.1 billion respectively. “The overall rate of debt accumulation in 2018 is 19.8 percent, driven primarily by the cost of the clean-up of the financial sector, involving ...

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