Bank of Ghana Shuts Down Wyselink Microfinance 

BoG

Accra, April 5 , 2018//-The Bank of Ghana (BoG) has closed down Wyselink Microfinance Limited, which was engaged in deposit-taking, without a licence.

To this end, BoG has reported the matter to the Ghana Police Service for action.

The central bank therefore is warning the general public of the activities of the Wyselink Microfinance Limited, which is secretly operating with a forged Bank of Ghana licence number 000267 purported to have been issued on 30th October 2013, as well as a Certificate of Incorporation and Certificate to Commence Business, both issued on 20th March, 2009.

The Offices of Wyselink Microfinance Limited were located in Takoradi, Assin Fosu, Ofankor and Dobro.

Meanwhile, the operators are assisting the Police with their investigations.

The owner of Wyselink Microfinance Limited is Rev. Eric Nhyira Baafi. Other key officers of the entity are Messrs Isaac Fiifi Morgan, Director, Mr. Eugene Amankwah Asante, Operations Manager and Mr. Michael Annan, Head of Accounts.

Wyselink Microfinance Limited is NOT LICENSED to engage in microfinance business.  Hence, anyone who does business with Wyselink Microfinance Limited, does so at his or her own risk and the Bank of Ghana will not be liable for the refund of any deposit lost by a depositor.

African Eye Report

 

 

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