Tag: Financial sector fraud
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Losses due to fraud in banking sector in 2021 up by 144%; hits GH¢61m – BoG report
The value of losses recorded as a result of fraud in Banks and Specialized Deposit-Taking Institutions in Ghana in 2021, witnessed a significant jump, rising to GH¢61 million as compared to a loss of GH¢25 million in 2020, representing a 144 % increase in year-on-year terms. This was captured in the 2021 Banking, Specialised Deposit-Taking…