BoG revokes licenses of 2 forex bureaus for breaching foreign exchange laws

The licences of two forex bureaux in Accra, have been revoked by the Bank of Ghana (BoG).
The Central bank revoked the licences of Trade House Forex Bureau Ltd located at Marina Mall and the Airport City Forex Bureau inside the Atlantic Tower building, for breaching the country’s Foreign Exchange laws and failing to issue receipts.
This was detected when the central bank embarked on a mystery shopping exercise.
Both Forex bureaux are operated by the same owners.
Source: classfmonline.com
Trending News
We don't intend to disenfranchise voters; it's not in our interest - Jean Mensa
12:26History'll remember Ofori-Atta and Bawumia for taking Ghana to the IMF in an ambulance - Minority
07:42E/R: Comply with Public Order Act – REGSEC warns Nsawam Adoagyiri residents
13:44V/R:Tsito-Anyirawase culvert reconstruction to be ready in a month- Highway Director
12:23Should Ghanaians stand with the BoG governor? – Minority’s position
07:18Limited registration exercise: EC hasn't complained of lack of funds, so why the mess? - Minority
13:43A/R: Drivers in 4 constituencies march over poor roads
12:23SR: Heavy storm washes off bridge, Bole-Sawla road and cuts off UW/R from the south
19:22Mahama left Addison and me 'derailed IMF prog., highly-impaired & ethically-strained financial industry' - Ofori-Atta
12:42Jean Mensa has lost touch with the problems associated with registration process – GCPP
11:26