Also known as: FIC
Financial Intelligence Centre — government agency working to regulate virtual assets and combat money laundering and financial crimes in Ghana.
News reports
Order a long-term news report on Financial Intelligence Centre
Every mention in the Ghanaian press over the period you choose, compiled as a PDF or Word document.
Verbatim sentences from the source article.
Joy Online
… The Bank of Ghana is therefore collaborating with the Ghana Revenue Authority, Ghana Airports Company Limited, National Security, EOCO, the Financial Intelligence Centre and the Attorney General’s Office to “safeguard the country’s borders, markets and resources for every Ghanaia …
Undeclared forex undermines financial intelligence, formal market – BoG GovernorJoy Online
… He said Ghana already had several institutions tasked with tackling corruption before the OSP was established, including the Economic and Organised Crime Office (EOCO), the Financial Intelligence Centre (FIC), the Criminal Investigations Department (CID) of the Ghana Police Servi …
More anti-corruption institutions, yet corruption keeps growing – Sulemana BraimahJoy Online
… The Financial Intelligence Centre, banks and mobile money providers were also urged to treat suspicious financial transactions linked to scam operations as potential indicators of human trafficking and to distinguish between criminal organisers and victims whose accounts may have …
Trafficked Ghanaians should not be prosecuted for crimes they were forced to commit – ForumJoy Online
… The forum also urged the Financial Intelligence Centre, banks and mobile money operators to treat suspicious scam-related financial transactions as potential indicators of human trafficking and to trace and freeze illicit proceeds while protecting victims whose accounts may have …
Ghana civil society coalition to tackle transnational crime as trafficking forum warns of rising cyber scam exploitationJoy Online
… Mr Cudjoe-Seshie also highlighted the role of the Joint Cybersecurity Committee (JCC), chaired by the CSA, which brings together the Bank of Ghana, the Financial Intelligence Centre, the Economic and Organised Crime Office (EOCO), the Criminal Investigations Department, National …
Cybersecurity is a journey; Ghana must adapt to evolving threats — CSAThe Ghanaian Times
… The Chief Executive Officer of the Financial Intelligence Centre (FIC), Mr Kwadwo Twum-Boafo, whose speech was read on his behalf by the Head of Mutual Evaluation and Regional Compliance at the FIC, Mr Seth Nana-Owusu, said effective parliamentary oversight remained central to th …
‘West Africa loses $88.6bn yearly to illicit flows’Joy Online
… Additional declarations In addition to the online declaration becoming mandatory, President Cyril Ramaphosa has also issued a proclamation commencing section 30 of the Financial Intelligence Centre Act. …
New mandatory travel rules for anyone entering or leaving South AfricaThe Chronicle
… According to the response, the 10 contracts covered audits of several public institutions and projects, including the Ghana Improved Cookstove Distribution Programme; the Financial Intelligence Centre; the Ghana Tourism Development Fund; the Ghana Irrigation Development Authority …
Audit Service Admits Single-Sourcing 10 Contracts To TRC ConsultBusiness & Financial Times
… These include the Financial Intelligence Centre (FIC), which conducts anti-money laundering checks, and the Criminal Investigation Department (CID), which carries out background verification. …
Community banks seek faster BoG approvals to drive financial inclusionJoy Online
… Further proceedings The letter indicated that Prof Alnaa’s conduct has been referred to the Economic and Organised Crime Office (EOCO) and the Financial Intelligence Centre (FIC) of the Bank of Ghana for a full forensic and anti-money laundering investigation, including tracing o …
Bolga Technical University: Council terminates Vice-Chancellor’s appointment and demotes two key officersThe Bank of Ghana has warned that growing use of foreign-currency stablecoins could undermine the country's monetary sovereignty, weaken monetary policy implementation, encourage currency substitution, and affect capital flows. The BoG is developing a stablecoin directive and working with the SEC and Financial Intelligence Centre to regulate virtual assets.
2 November 2026 · Joy Online →
The Bank of Ghana has warned that growing use of foreign-currency stablecoins could undermine the country's monetary sovereignty, weaken monetary policy implementation, encourage currency substitution, and affect capital flows. The BoG is developing a stablecoin directive and working with the SEC and Financial Intelligence Centre to regulate virtual assets.
2 November 2026 · Joy Online →
Isaac Oduro Boateng (known as "Kofi Boat"), 37, and Inusah Ahmed ("Pascal"), 41, have pleaded guilty to conspiracy to commit wire fraud for their roles as leaders of an international cybercrime syndicate that defrauded US victims of more than $100 million through romance scams and business email compromise schemes. Both face up to 20 years in prison.
30 October 2026 · Joy Online →
An opinion piece by a governance strategist reflects on how accepting a public board appointment automatically confers "politically exposed person" (PEP) status under global anti-money-laundering standards, carrying financial and reputational burdens that make honest public service costly.
22 October 2026 · Joy Online →
The Chronicle argues that Ghana's Fourth Republic has become dominated by contest between NDC and NPP, each treating the other as an enemy to be destroyed rather than a rival to be defeated at the polls. The result is a politics of capture, insult and hypocrisy that threatens the trust on which democracy rests, with every institution becoming a prize and every appointment a weapon.
20 October 2026 · The Chronicle →
The Real Estate Agency Council has urged Ghana's real estate practitioners, developers, brokers, and agents to comply with the Real Estate Agency Act, 2020, warning that breaches attract administrative sanctions (fines up to GH¢12,000), licence suspension or revocation, and criminal penalties (5,000–10,000 penalty units or five to ten years' imprisonment). REAC also emphasized that the sector is now cashless and that operating without a licence or accepting cash payments are criminal offences.
9 October 2026 · Joy Online →
The Christian Council of Ghana has called on state institutions to intensify investigations into the financing of narcotics trafficking and pursue the financiers, organisers and principal beneficiaries rather than concentrating only on couriers. The Council said the Presidency, Parliament, NACOC, FIC and the Judiciary must trace financial footprints and ensure accountability regardless of political or economic status.
25 September 2026 · Daily Guide →
The Inter-Governmental Action Group Against Money Laundering in West Africa has called on journalists across ECOWAS to intensify investigations into money laundering, terrorist financing and other economic and financial crimes. A three-day regional training for about 40 journalists from ECOWAS member states is underway in Accra aimed at strengthening their capacity to investigate and report such crimes.
23 September 2026 · The Ghanaian Times →
Ghana's virtual asset market was already operating substantially before the Virtual Asset Service Providers Act passed in December 2025, with Sub-Saharan Africa receiving over US$205 billion in on-chain value between July 2024 and June 2025, up 52% year-on-year, with Ghana among the region's five largest markets.
8 September 2026 · Joy Online →
The Bank of Ghana has taken the two-year chairmanship of the Virtual Assets Coordinating Committee, established under the Virtual Asset Service Providers Act 2025 to coordinate regulation and supervision of Ghana's virtual asset sector while protecting consumers and financial stability.
31 August 2026 · The Chronicle →
The Bank of Ghana has set up a Preliminary Investigation Committee on Seized Foreign Currency to address the movement of undeclared foreign currency through Ghana's airports and border points. The Governor said undeclared currency flows pose risks including money laundering, tax evasion and other illicit activities, and the BoG is working with multiple agencies to strengthen monitoring and investigation mechanisms.
29 August 2026 · Joy Online →
Bank of Ghana Governor Dr Johnson Pandit Asiama has warned that undeclared foreign currency moving through Ghana's airports and borders poses a threat to financial integrity and enables money laundering and tax evasion. The BoG has established a multi-agency Preliminary Investigation Committee and is collaborating with revenue, security, and financial intelligence authorities to address the issue.
29 August 2026 · Joy Online →
Sulemana Braimah, Executive Director of the Media Foundation for West Africa, questions Ghana's commitment to fighting corruption, noting that the creation of anti-corruption institutions like the Office of the Special Prosecutor has not stopped corruption from growing despite existing bodies such as EOCO, FIC, CID, and CHRAJ.
29 August 2026 · Joy Online →
An anti-human trafficking forum has called on the Government of Ghana to stop prosecuting victims of trafficking for forced cybercrime, warning that treating them as criminals allows trafficking syndicates to thrive. The forum urged state institutions to adopt a victim-centred approach and ensure that individuals rescued from scam operations are screened as potential trafficking victims before any criminal proceedings.
30 July 2026 · Joy Online →
A coalition of civil society organisations will be launched in Ghana to combat transnational organised crime and the trafficking of young people into cyber-enabled scam operations across West Africa. The Ghana Civil Society Coalition Against Transnational Crime will be formally launched on August 12, 2026, serving as a survivor-informed platform to coordinate civil society action against trafficking for forced criminality and related transnational crimes.
30 July 2026 · Joy Online →
The Cyber Security Authority has urged organisations to view cybersecurity as a continuous process rather than one-time investment, stating that Ghana's strategy is built on collaboration among regulators and industry players. The banking and finance sector is one of Ghana's 13 critical national infrastructure sectors, with the Bank of Ghana coordinating cybersecurity within the financial sector alongside the CSA.
23 July 2026 · Joy Online →
ECOWAS parliamentary public accounts committee members have been urged to strengthen collaboration to tackle corruption, illicit financial flows and financial crimes in the sub-region. The Finance Minister noted that Africa loses an estimated $88.6 billion annually to corruption and illicit financial flows, resources that could otherwise support education, healthcare and infrastructure.
9 July 2026 · The Ghanaian Times →
The South African Revenue Service requires all travellers entering or leaving South Africa to submit an online declaration via the South African Traveller Management System no more than 24 hours before departure, effective 1 July 2026. The system, piloted since 2022 on a voluntary basis, is now mandatory for citizens, residents, and foreign travellers across air, land, sea, and rail ports.
2 July 2026 · Joy Online →
The Audit Service disclosed that it awarded 10 outsourced audit contracts to TRC Consult between January 2025 and the present through single-source procurement approved by the Public Procurement Authority. The contracts, covering audits of public institutions including GIDA, MIIF, the Ghana Tourism Authority, and the University of Ghana's WACCBIP project, had fees ranging from GH¢32,750 to GH¢291,000.
1 July 2026 · The Chronicle →
A community banking expert has called on the Bank of Ghana to accelerate approvals for newly elected directors and branch openings, citing regulatory delays that could slow expansion into underserved areas and hinder financial inclusion efforts. Industry players say lengthy clearance processes increase operational costs and prevent banks from fully constituting their boards, though they acknowledge the central bank's strong regulatory oversight has strengthened sector stability.
30 June 2026 · Business & Financial Times →
The Governing Council of Bolgatanga Technical University has terminated the appointment of Vice-Chancellor Professor Samuel Erasmus Alnaa, effective June 11, 2026, in relation to procurement issues; two directors have been demoted and suspended for three months, and a fourth officer issued a warning. Alnaa has filed a court challenge to the decision.
27 June 2026 · Joy Online →
The Bank of Ghana's First Deputy Governor said tokenisation of real-world assets could deepen capital markets, improve financing efficiency and broaden access to investment opportunities, noting that more than three million Ghanaians participate in the digital asset ecosystem worth billions of dollars.
22 June 2026 · Business & Financial Times →
Transparency International Ghana has called for stronger enforcement of the Right to Information Act and enhanced accountability mechanisms to combat corruption and improve transparency in governance. The organisation said weak implementation of legal and institutional frameworks continues to limit citizens' access to public information and undermine anti-corruption efforts.
18 June 2026 · Joy Online →
The Attorney General has filed more disclosures and witness statements in the trial of former National Service Authority Executive Director Osei Assibey Antwi, who faces charges including stealing and money laundering. The trial judge adjourned the case to June 29 for case management, and the defence has applied to unfreeze the accused's accounts.
17 June 2026 · Daily Guide →
Cryptocurrency is digital money secured by mathematics and computer networks rather than banks or governments; Bitcoin, created in 2009, was designed to prevent any single entity from controlling it, and other cryptocurrencies including Ethereum and stablecoins have since emerged to serve various financial purposes.
17 June 2026 · Joy Online →
Cryptocurrency is digital money secured by mathematics and computer networks rather than banks or governments. Bitcoin, created in 2009, was designed to prevent institutional control and arbitrary inflation, with other cryptocurrencies like Ethereum and stablecoins subsequently emerging for various financial applications.
16 June 2026 · Business & Financial Times →
Hidden technology setups called SIM boxes are causing Ghana's telecommunications sector to lose roughly GHS 300 million yearly through fraud schemes that intercept international calls and divert revenue.
1 June 2026 · Business & Financial Times →
Kojo Adu-Asare, former Adentan MP, has publicly thanked Kwadwo Twum Boafo (CEO of the Financial Intelligence Centre), Julius Debrah (Chief of Staff), Ato Forson and Mohammed Amin Adam (current and former Finance Ministers), and others for their support during his six-year battle with kidney failure and transplant.
16 May 2026 · Joy Online →
Former MP for Adentan Kojo Adu Asare revealed his six-year struggle with end-stage renal disease and dialysis, disclosing that a single session costs GH₵650 and he requires three sessions weekly, totalling approximately GH₵1,950 per week, alongside expensive medications and medical tests.
16 May 2026 · Joy Online →
The Executive Director of the Economic and Organised Crime Office (EOCO), Raymond Archer, has dismissed assertions that two lawyers from Minka-Premo & Co. were arrested while representing their clients in PDS investigations. He stated that the lawyers had earlier been invited by investigators as suspects and that the PDS investigation is being jointly conducted by EOCO and the BNI, triggered by a petition from the Financial Intelligence Centre.
9 May 2026 · The Chronicle →
Ghana's banks recorded 16,733 fraud cases in 2024, a five per cent increase on 2023, with total value at risk climbing 13 per cent to roughly GH¢99 million, even as the sector has become better capitalised and supervised since the 2018 licence revocations.
4 May 2026 · Business & Financial Times →