BoG revokes licenses of 2 forex bureaus for breaching foreign exchange laws
Business
This was detected when the central bank embarked on a mystery shopping exercise
The licences of two forex bureaux in Accra, have been revoked by the Bank of Ghana (BoG).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 Business
President Mahama swears in Matilda Asante-Asiedu as Second Deputy Governor of Bank of Ghana
02:58
Minister of Energy and Finance engage Karpower on legacy debt
17:21
CEMSE urges PUWU to support private sector involvement in ECG revenue mobilisation
14:19
COCOBOD halts Cocoa roads projects over GH¢4 billion debt – CEO
10:09
Free Zones Authority CEO visits Blue Skies juice factory in Dobro-Nsawam
03:57
NPA boss calls on IGP to seek collaboration to fight fuel diversions
03:15
Cedi appreciates significantly in April as global dollar weakness boosts emerging market currencies — MP
02:56
Zoomlion clarifies contract with YEA amid public concerns
00:30
NYA boss urges youth to enroll in Free National Apprenticeship Programme
17:41
DVLA CEO commends staff for service reforms
17:24
