• Contact US
  • Advertise With US
  • Privacy & Policy
  • Submit Station
Sunday, August 17, 2025
Kumasi Mail
Advertisement
  • Home
  • News
    • All
    • Education
    • Health
    • Manhyia
    Reject all incumbent NPP executives seeking re-election-Butey to delegates

    NPP grants general amnesty to suspended members, reaffirms commitment to unity

    Kennedy Agyapong Urges National Unity to Procure Safe Presidential and Airforce Aircraft Following Tragic Helicopter Crash

    Kennedy Agyapong Urges National Unity to Procure Safe Presidential and Airforce Aircraft Following Tragic Helicopter Crash

    Abronye DC Alleges Former Ghana High Commissioner to India Hates Dr. Bawumia Over Exposed Corruption

    Abronye DC Alleges Former Ghana High Commissioner to India Hates Dr. Bawumia Over Exposed Corruption

    Ghanaians Didn’t Want Bawumia as NPP Flagbearer- H.E Asomah Cheremeh

    Ghanaians Didn’t Want Bawumia as NPP Flagbearer- H.E Asomah Cheremeh

    Justice Torkornoo files injunction against petitions seeking her removal

    Reinstate suspended CJ immediately, give her fair hearing – Commonwealth lawyers

    Gov’t imposes daily fine on DSTV over failure to submit pricing data

    Gov’t imposes daily fine on DSTV over failure to submit pricing data

    Deputy Defence Minister pays emotional tribute to late Dr. Omane Boamah

    Deputy Defence Minister pays emotional tribute to late Dr. Omane Boamah

    Asantehemaa’s Passing Deeply Felt by Traders; Combine Traders Association Pledges to Uphold Her Legacy

    Asantehemaa’s Passing Deeply Felt by Traders; Combine Traders Association Pledges to Uphold Her Legacy

    IYD 2025; Students mourn Gallant 8 with call for youth action against galamsey

    IYD 2025; Students mourn Gallant 8 with call for youth action against galamsey

    • Health
    • Education
  • Election 2024
  • Politics
  • Business
  • Showbiz
  • Opinion
  • Sports
  • World
  • Media
  • Manhyia
  • History
No Result
View All Result
  • Home
  • News
    • All
    • Education
    • Health
    • Manhyia
    Reject all incumbent NPP executives seeking re-election-Butey to delegates

    NPP grants general amnesty to suspended members, reaffirms commitment to unity

    Kennedy Agyapong Urges National Unity to Procure Safe Presidential and Airforce Aircraft Following Tragic Helicopter Crash

    Kennedy Agyapong Urges National Unity to Procure Safe Presidential and Airforce Aircraft Following Tragic Helicopter Crash

    Abronye DC Alleges Former Ghana High Commissioner to India Hates Dr. Bawumia Over Exposed Corruption

    Abronye DC Alleges Former Ghana High Commissioner to India Hates Dr. Bawumia Over Exposed Corruption

    Ghanaians Didn’t Want Bawumia as NPP Flagbearer- H.E Asomah Cheremeh

    Ghanaians Didn’t Want Bawumia as NPP Flagbearer- H.E Asomah Cheremeh

    Justice Torkornoo files injunction against petitions seeking her removal

    Reinstate suspended CJ immediately, give her fair hearing – Commonwealth lawyers

    Gov’t imposes daily fine on DSTV over failure to submit pricing data

    Gov’t imposes daily fine on DSTV over failure to submit pricing data

    Deputy Defence Minister pays emotional tribute to late Dr. Omane Boamah

    Deputy Defence Minister pays emotional tribute to late Dr. Omane Boamah

    Asantehemaa’s Passing Deeply Felt by Traders; Combine Traders Association Pledges to Uphold Her Legacy

    Asantehemaa’s Passing Deeply Felt by Traders; Combine Traders Association Pledges to Uphold Her Legacy

    IYD 2025; Students mourn Gallant 8 with call for youth action against galamsey

    IYD 2025; Students mourn Gallant 8 with call for youth action against galamsey

    • Health
    • Education
  • Election 2024
  • Politics
  • Business
  • Showbiz
  • Opinion
  • Sports
  • World
  • Media
  • Manhyia
  • History
No Result
View All Result
Kumasi Mail
No Result
View All Result
  • Home
  • News
  • Election 2024
  • Politics
  • Business
  • Showbiz
  • Opinion
  • Sports
  • World
  • Media
  • Manhyia
  • History
Home Business

BoG sanction 47 individuals 245 businesse for persistent issuance of dud cheques

Kumasi Mail by Kumasi Mail
August 6, 2024
in Business
0
Share on FacebookShare on Twitter

Bank of Ghana (BoG) has bans 47 individuals and 245 business entities from issuing cheques and accessing new credit facilities for 3 years for consistently issuing dud cheques

The affected bank customers issued dud cheques on at least three occasions between January 2022 and January 2024, despite warnings about the consequences of their actions.

The offenders are accordingly banned from:

a) Issuing cheques in Ghana for three years, effective 28th June 2024. b) Accessing new credit facilities from the banking system for three years with effect from 28th June 2024.

The above sanctions are without to any legal proceedings that may be taken against the offenders under Ghana’s criminal code.

BoG in a statement  directed Banks and Specialised Deposit-Taking Institutions (SDIs) whose customers are involved have been directed to notify the culprits of the ban and recall all unused cheque books from them.

The statement further warned “They shall not issue new cheque books to the affected customers until the sanctions are lifted. The public is by this Notice, cautioned to desist from issuing dud cheques as the offence has both legal and regulatory consequences. Bank of Ghana will continue to monitor the payment system space closely and is committed to the promotion of the integrity and soundness of the financial system’’.

Source: www.kumasimail.com

Tags: 245 businesse47 individualsBoGBoG sanctiondud chequestopstory
ShareTweetSend
Previous Post

Prof. Jane Naana authored ‘criminal Agyapadie Book’- Womtumi alleged                  

Next Post

‘I have relocated my family in London for better living in Ghana’ – Wontumi

YOU MAY LIKE

Alex Nartey Esq. Condemns rift between NIA-GRA, calls for swift presidential intervention
Business

Alex Nartey Esq. Condemns rift between NIA-GRA, calls for swift presidential intervention

Haruna Named Fintech CEO of the Year for Driving Innovation at Mobile Money LTD
Business

Haruna Named Fintech CEO of the Year for Driving Innovation at Mobile Money LTD

Strong Cedi Keeps Ghana Cocoa Prices Steady Despite Global Gains- COCOBOD CEO
Business

Strong Cedi Keeps Ghana Cocoa Prices Steady Despite Global Gains- COCOBOD CEO

Regulatory action against DStv set for August 7 – Sam George affirms
Business

Regulatory action against DStv set for August 7 – Sam George affirms

Cocoa handlers demand wage increase, plan strike over unfair pay
Business

Gov’t increases Cocoa producer price to $5,040 per tonne for 2025/2026 Season — Ato Forson Announces

Next Post
‘I have relocated my family in London for better living in Ghana’ – Wontumi

'I have relocated my family in London for better living in Ghana' - Wontumi

‘Put differences aside’— Naana Opoku to NDC supporters

'Put differences aside'— Naana Opoku to NDC supporters

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

LATEST NEWS

Reject all incumbent NPP executives seeking re-election-Butey to delegates

NPP grants general amnesty to suspended members, reaffirms commitment to unity

Kennedy Agyapong Urges National Unity to Procure Safe Presidential and Airforce Aircraft Following Tragic Helicopter Crash

Kennedy Agyapong Urges National Unity to Procure Safe Presidential and Airforce Aircraft Following Tragic Helicopter Crash

Abronye DC Alleges Former Ghana High Commissioner to India Hates Dr. Bawumia Over Exposed Corruption

Abronye DC Alleges Former Ghana High Commissioner to India Hates Dr. Bawumia Over Exposed Corruption

Ghanaians Didn’t Want Bawumia as NPP Flagbearer- H.E Asomah Cheremeh

Ghanaians Didn’t Want Bawumia as NPP Flagbearer- H.E Asomah Cheremeh

Justice Torkornoo files injunction against petitions seeking her removal

Reinstate suspended CJ immediately, give her fair hearing – Commonwealth lawyers

Gov’t imposes daily fine on DSTV over failure to submit pricing data

Gov’t imposes daily fine on DSTV over failure to submit pricing data

Deputy Defence Minister pays emotional tribute to late Dr. Omane Boamah

Deputy Defence Minister pays emotional tribute to late Dr. Omane Boamah

Asantehemaa’s Passing Deeply Felt by Traders; Combine Traders Association Pledges to Uphold Her Legacy

Asantehemaa’s Passing Deeply Felt by Traders; Combine Traders Association Pledges to Uphold Her Legacy

IYD 2025; Students mourn Gallant 8 with call for youth action against galamsey

IYD 2025; Students mourn Gallant 8 with call for youth action against galamsey

President Mahama to Lead Unprecedented Crackdown on Illegal Mining- Ablakwa hints

President Mahama to Lead Unprecedented Crackdown on Illegal Mining- Ablakwa hints

  • Trending
  • Comments
  • Latest
52-Year-old man arrested in Nsawam for possessing suspected EC Biometric Device

52-Year-old man arrested in Nsawam for possessing suspected EC Biometric Device

Ghana Airforce Z-9 Helicopter Goes Missing en Route to Obuasi, Rescue Efforts Underway

Ghana Airforce Z-9 Helicopter Goes Missing en Route to Obuasi, Rescue Efforts Underway

Asokore Mamponhene Nana Boakye Ansah passes away

Asokore Mamponhene Nana Boakye Ansah passes away

EPA CEO calls for Immediate action to restore polluted water bodies in Ashanti region

EPA CEO calls for Immediate action to restore polluted water bodies in Ashanti region

Hello world!

1
NCA promises lower data prices by year-end

NCA promises lower data prices by year-end

1
COVID-19: Information Ministry justifies GHC150K spent on staff

COVID-19: Information Ministry justifies GHC150K spent on staff

1
EC to conduct mop-up registration August 1-3

EC to conduct mop-up registration August 1-3

1
Reject all incumbent NPP executives seeking re-election-Butey to delegates

NPP grants general amnesty to suspended members, reaffirms commitment to unity

Kennedy Agyapong Urges National Unity to Procure Safe Presidential and Airforce Aircraft Following Tragic Helicopter Crash

Kennedy Agyapong Urges National Unity to Procure Safe Presidential and Airforce Aircraft Following Tragic Helicopter Crash

Abronye DC Alleges Former Ghana High Commissioner to India Hates Dr. Bawumia Over Exposed Corruption

Abronye DC Alleges Former Ghana High Commissioner to India Hates Dr. Bawumia Over Exposed Corruption

Ghanaians Didn’t Want Bawumia as NPP Flagbearer- H.E Asomah Cheremeh

Ghanaians Didn’t Want Bawumia as NPP Flagbearer- H.E Asomah Cheremeh

Facebook Twitter Youtube Instagram
Kumasi Mail

About US

Advertise With US

Submit Station

© 2024 KumasiMail.com