The Bank of Ghana (BoG), in collaboration with the Ghana Police Service, has closed down Dek-Nock Investments for engaging in unauthorised deposit-taking activities.

This action was taken in accordance with Section 20(2)(g) of the Banks and Specialised Deposit-taking Institutions Act, 2016 (Act 930).

Dek-Nock Investments operated in Nungua and Ashaiman in the Greater Accra Region.

A statement issued by the Secretary of BoG, Sandra Thompson, explained that the Police Service was conducting further investigations into the operations of Dek-Nock Investments.

“Dek-Nock Investments was engaged in unauthorised deposit-taking contrary to Section 6(1) of Act 930. The Ghana Police Service is conducting further investigations into the operations of Dek-Nock Investments.” in the statement

“All customers of Dek-Nock Investments are urged to remain calm while investigations continue,” she stated.

She emphasized the Bank’s commitment to clamping down on illegal deposit-taking operations and ensuring offenders are dealt with according to the law, all while promoting the integrity and stability of the financial system.

“In collaboration with the respective Law Enforcement Agencies, the Bank of Ghana will continue to clamp down on illegal deposit-taking operations and all offenders shall be dealt with in accordance with
the law.”

Ms. Thompson assured the public and stakeholders that they would be kept informed of the progress in the investigations.