BoG requests EOCO to investigate false inward remittance claims by businesses and law firms
The Central Bank has requested that the Economic and Organized Crime Office (EOCO) investigate suspected cases of financial crime in the country.
Particularly, false claims of inward remittance from foreign counterparties by individuals, businesses and law firms in the country.
The Central Bank’s request follows an observation of emerging trend of financial crimes over the last few years.
According to the apex bank, it has since October last year, submitted five (5) different requests to EOCO for investigations into certain claims by individuals, businesses and law firms wanting the BoG to effect large sums of money purportedly remitted to them by foreign counterparties.
Adding that the bank’s preliminary investigations into such claims by individuals, businesses and law firms have been revealed to be false.
“BoG has referred such matters to EOCO for further investigations. EOCO has made significant progress in these investigations and has initiated prosecution in some of these cases, while investigations in other cases continue,” said the BoG.
In addition to the BoG’s request for EOCO to investigate false inward remittance claims, is further investigation into the collapse of savings & loans and microfinance companies.
According to the BoG, EOCO has impounded some assets of persons suspected to be complicit in the failure of these institutions, adding EOCO continues to work with the Attorney General’s Department towards speedy prosecutions of suspected persons.
Read details of the BoG’s notice of request for investigations to EOCO:
Bog Notice No. Bg-gov-sec-2021 – 19 – Investigations Into Suspicious Claims Final by Fuaad Dodoo on Scribd
