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The licences of two forex bureaux in Accra, have been revoked by the Bank of Ghana (BoG).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
COCOBOD board chair pledges modernisation to support 24-hour economy policy
04:05
Banking sector clean-up: Ex-NPP Youth Organiser refutes Frank Adu's claims, says sector stronger than ever
11:02
Agric Minister woos Turkish tractor manufacturer to set up plant in Ghana
10:41
GRA targets September 2025 to finalise VAT reforms ahead of 2026 budget
09:46
Food Suppliers Association praises President Mahama's Initiative
08:28
SEC warns public against unlicensed investment schemes promoted on Social Media
10:01
Parliament approves $360 million World Bank facility to support Ghana’s economic recovery
07:13
Free Zones Authority engages Libyan business delegation to deepen investment ties
15:49
Plastic prices to increase by 7% from July 1 due to new excise tax – GPMA announces
12:01
GIPC CEO backs deployment of investment officers in District Assemblies
16:16
