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Home Business Banking & Finance

GCB Bank denies transfers of Ghs 52.5 billion to unknown sources

5 years ago
in Banking & Finance, Business, Editor's pick, highlights, Home, home-news, latest News
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State-owned Ghana Commercial Bank, has denied assertions purporting it has overseen the transfers of some Ghs 52.5 billion from the bank’s accounts to unknown sources.

The bank in a press release made available to norvanreports on Wednesday morning, December 2, 2020, noted the allegations made are false and mischievously designed to discredit the bank.

The amount in question, according to a letter from the Ghana Audit Service (GAS) – which GCB has claimed to be doctored – is said to be tax revenues from the Ghana Revenue Authority (GRA).

The bank denying the allegations that it has effected the unauthorized transfers, averred it is a bank of international repute and conducts its activities in line with sound banking principles.

Read below details of the press release:

Source: norvanreports
Tags: gasGCBGHS 52.5 BILLION
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