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BoG warns over linking Ghana card to bank account via social media link
The Head of Financial Stability at the Bank of Ghana, Dr. Joseph France, has warned the general public against linking their Ghana cards to their bank accounts through links sent via social media.
According to him, no bank has put it out there that clients can link their Ghana cards and bank accounts remotely.
He stated that this may be the activities of fraudsters phishing for your account details.
Speaking on JoyNews’ PM Express Business Edition, he stated that all linkages of Ghana cards to bank accounts must be done in the banking hall where the biometric data of the client will also be collected for authentication.
“We also saw on social media that there are people out there who are saying that persons must link their Ghana card to their account through some links and so on so forth. I think we have to say here and now that no bank has put it out there that you should link your bank account to your bank account remotely.
“You necessarily will have to go to the bank to do either your facial or biometric to link your account. You have to be very careful because fraudsters can cash in on that. Apart from getting your Ghana card, the bank will have to verify whether your Ghana card is actually genuine and that is why your biometrics and then your facial is very important and that is why your presence is needed.
“And so we shouldn’t give room so that we can have fraudsters also coming in cashing and taking advantage of the system. Because you’ll never be able to know who has put that link out there,” he said, June 30.
Chipping in, the Chief Executive Officer of the Ghana Association of Bankers, John Awuah, stated that should anyone receive such a link, they would have to verify with their banks first to be sure if the link sent is indeed from the bank or not.
He further cautioned that links that demand you input very key credentials like passwords and PINs are fraudulent and be avoided.
“Also the point that has to be made is that no bank if it’s doing remote verification or update will ever ask you for your password, or for your pin number or for any type of credential that enables you to securely log into the system. No bank will ask you,” he said.
Meanwhile, starting July 1 all persons who have failed to link their Ghana Cards to their bank accounts will be unable to withdraw funds from their accounts till they do so.
They would, however, be able to continue depositing funds into their accounts till the linkage is done.
Ghanaians that reside outside the country and diplomatic missions on the other hand will be able to use their passports to access their accounts.
Source: Myjoyonline.com
Member of Parliament for Akuapem North, Sammy Awuku, has expressed deep sorrow following the sudden passing of Isaac Batsa, the constituency secretary for the opposition National Democratic Congress (NDC).
The New Patriotic Party (NPP) lawmaker issued a statement on Tuesday reacting to the news, which has shocked the local political community.
Mr.Awuku praised the late NDC secretary for his bipartisan approach to local governance.
He noted that despite their different political affiliations, Batsa consistently rose above party lines to serve the constituency with diligence.
The MP revealed that the news was particularly shocking given that he had last interacted with Batsa just three days prior on Saturday.
Concluding his statement, Sammy Awuku extended his heartfelt condolences to Batsa’s family, the constituency and regional executives, and the entire NDC fraternity, wishing the deceased peaceful eternal rest.
By Edem Mensah-Tsotorme
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Attorney General charges Chairman Wontumi and two others over alleged GH¢18.7 million Ghana Exim Bank fraud
The Office of the Attorney General has charged Bernard Antwi-Boasiako, popularly known as Chairman Wontumi, and two others over the alleged fraudulent acquisition of funds from the Ghana Export-Import Bank for a farming project.
The charges were brought against Chairman Wontumi, Thomas Antwi-Boasiako, who is currently at large, and Wontumi Farms Limited.
According to court documents released by the Attorney General’s office, Chairman Wontumi, identified as the first accused person, allegedly approached the Ghana Exim Bank in January 2018 for financial support to undertake a large-scale farming project.
The prosecution said he applied for a GH¢19 million facility on behalf of Wontumi Farms Limited and claimed that the company had secured a 100,000-acre parcel of land for the proposed farming venture.
The Attorney General alleged that documents submitted together with the application contained false information.
According to the prosecution, one of the documents presented as a board resolution letter was dated January 23, 2018, but referred to a board resolution supposedly passed on December 9, 2017, four days before the company was officially incorporated on December 14, 2017.
The prosecution further stated that the accused persons also submitted a project proposal claiming that 2,500 hectares of the proposed farm would employ about 6,000 families, representing nearly 38,000 individuals.
Court documents indicate that the Ghana Exim Bank later approved an GH¢18.7 million facility made up of loans and grants for the project.
The facility was reportedly intended for the purchase of agricultural machinery, working capital, staff costs and consultancy services.
According to investigators, the bank disbursed more than GH¢14.3 million to the company between January and March 2018.
However, investigations by the Economic and Organised Crime Office of the Attorney General allegedly found that the proposed farming activities were never carried out.
The prosecution said the accused persons neither purchased the agricultural machinery nor secured the land they claimed to own for the project.
Investigators also alleged that Chairman Wontumi later submitted a document to the bank as proof that the company had purchased agricultural machinery worth GH¢4 million.
However, investigations reportedly established that the document was originally a pro-forma invoice from KAS-SAMA Enterprise and not an actual receipt.
According to the Attorney General’s office, the inscription “Pro-forma Invoice” was allegedly altered and replaced with the word “Receipt” before it was submitted to the bank.
The prosecution further alleged that Chairman Wontumi withdrew large sums from the company’s accounts and used the funds for personal expenses and investments in other businesses.
The Attorney General stated that attempts by the bank to recover the money were unsuccessful.
The Economic and Organised Crime Office reportedly began investigations into the matter in March 2025.
Chairman Wontumi was later arrested, cautioned and officially charged on May 14, 2026.
By: Jacob Aggrey
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