BoG denies claims of withheld GH¢57bn by MTOs and Fintechs
By: Franklin ASARE-DONKOH Ghana’s central bank, the Bank of Ghana (BoG) has denied media reports claiming that GH¢57 billion has been withheld by newly licensed Money Transfer Operators (MTOs) and 11 Fintech companies. Reports circulating in the media space indicated that approximately $12 billion in remittances to Ghana went untracked and unaccounted for by the […]