Business News of Wednesday, 6 November 2019Source: Graphic.com.ghDraw BoG’s attention to malfeasance in banks - Ismail AdamFile photoBank staff and customers have been encouraged to call the attention of the Bank of Ghana (BoG) whenever they realise that banks are engaging in financial malpractices. The advice was given by the Chief Manager, Banking and Supervision at the BoG, Mr Ismail Adam. We are there to prevent banks from failing but obviously, we cannot perform this function if staff of banks and customers hide unethical practices going on in the various banks from us,” he said. Mr Adam called on customers, therefore, to report any suspected financial malfeasance in banks to the Consumer Complaint Unit of the BoG. He also called for a financial data centre to be established by the BoG where the performance of banks would be published.

Source: GhanaWeb November 06, 2019 12:45 UTC