31.2 C
Accra
Friday, December 2, 2022

There are clear signals money laundering is taking place in Ghana – Economist

Must Read

Ghana Vs Uruguay: I don’t like the conversation around revenge- Abigail Sosu

By: Roberta Gayode Modin Ghana's dream of being the first African country to make it to at least the semi-finals...

Rice cultivation records a steady increase of 5% in Akatsi South

Mr. Charles Grunitzky, the Akatsi South Municipal Director of the Department of Agriculture, has disclosed that rice cultivation in...

38th Farmers Day: More investments in Agriculture for Food Security

By George Ankrah, a Journalist 38 years ago in 1984, in the first week of December, Ghana celebrated its hardworking...
GBC
Journalist/Sub-Editor and Digital Content Producer. Made in Ghana, consumed worldwide.

A Lecturer at the University of Ghana Business School, Dr. Lord Mensah says money laundering in any form either internally or externally has dire consequences on developing economies in particular.

He said laundered money is dirty which must be watched.

It is usually channeled into Arms proliferation and terrorism.

Speaking to GBC’s Radio Ghana, Dr. Mensah said there are clear signals that money laundering is taking place in Ghana.

“If you look at money laundering, you can look at it from both internal and external, and I can tell you even in Ghana, there are serious internal money laundering situations in Ghana which sometimes we overlook and then look at what is happening outside.”

Listen to the attached audio for detailed information.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest News

Ghana Vs Uruguay: I don’t like the conversation around revenge- Abigail Sosu

By: Roberta Gayode Modin Ghana's dream of being the first African country to make it to at least the semi-finals...

Rice cultivation records a steady increase of 5% in Akatsi South

Mr. Charles Grunitzky, the Akatsi South Municipal Director of the Department of Agriculture, has disclosed that rice cultivation in the area has seen a...

38th Farmers Day: More investments in Agriculture for Food Security

By George Ankrah, a Journalist 38 years ago in 1984, in the first week of December, Ghana celebrated its hardworking farmers and fishers for producing...

NR: Peasant Farmers advocate intervention in escalating prices of farm inputs

By: Joyce Kantam Kolamong For decades now, Ghana has been celebrating Farmer's Day, in recognition of farmers and fishers who work hard to feed the...

Humanize People With Mental Health Disabilities- Human Rights Watch

By: Michael Ahinsah The Deputy Director for the Disability Rights division, Human Rights Watch, Ms. Elizabeth Kamundia, in an interview on the Uniiq Breakfast Drive...

More Articles Like This