Earlier, it was reported that the central probe agency was investigating if platforms run by One 97 Communications were involved in violations of foreign exchange rules.
unlicensed foreign exchange bureau thebftonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thebftonline.com Daily Mail and Mail on Sunday newspapers.
The Asokwa Circuit Court 2 in Kumasi has sentenced Senyah Poku and Yaa Serwaa of Senyah Poku Enterprise, an unlicensed foreign exchange bureau operating in Patase, Kumasi, to a fine of six hundred penalty units equivalent to¢7,200.00 each.
The Ashanti Regional Police Command, Kumasi, in collaboration with the Other Financial Institutions Supervision Department (OFISD) and the Security Department of the Bank of Ghana investigated and arrested four persons dealing in foreign exchange without approval and a licence from the Bank.
The Bank of Ghana in collaboration with the Ghana Police Service has arrested over 70 illegal forex dealers, otherwise known as the Black Market. | Pulse Ghana