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Watch as customers besiege Dek-Nock offices after BoG closes

Watch as customers besiege Dek-Nock offices after BoG closes

Dek-Nock customers crowded into the financial institution's premises after the closure Dek-Nock customers crowded into the financial institution’s premises after the closure

The closure of Dek-Nock Investments by the Bank of Ghana on Friday, July 19, 2024, in collaboration with the Ghana Police Service, resulted in a spontaneous influx of customers into the financial institution’s branches in Nungua and Ashaiman in the Greater Accra Region.

Video footage seen by GhanaWeb shows dozens of agitated customers gathering at Dek-Nock’s offices after hearing the news to inquire about the status of their funds.

In one of the videos, a client claims to be a land guard and has deposited GH₵2,100 with the institution. He promises to get the money back by travelling to northern Ghana to seek spiritual help.

“They have gone with my money, 21 million (GH₵2,100). I swear to God, walaahi, everyone will hear about me; I will travel to the north. If you go to Kasoa, I am one of the land guards there,” he stated.

The closing took place on Friday, July 19, 2024, in accordance with section 20(2)(g) of the Banks and Specialised Deposit-taking Institutions Act, 2016 (Act 930).

In a statement issued by the Central Bank, it was stated that Dek-Nock Investments has engaged in unauthorized deposit taking, which is a violation of Section 6(1) of Law 930.

“The Ghana Police Service is conducting further investigations into the activities of Dek-Nock Investments. All clients of Dek-Nock Investments are urged to remain calm as investigations continue,” the statement said.

The Board of Directors informed the general public and stakeholders that they would be informed of the next steps.

The Bank of Ghana reiterated its commitment to clamp down on illegal depository activities, stating that persons found guilty of violating the law will be subject to the necessary sanctions prescribed by law.

GO/SEA