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General News of Tuesday, 28 August 2018

Source: citinewsroom.com

Chase heads of collapsed banks, not sakawa boys – Afenyo-Markin to EOCO

Member of Parliament for Effutu, Alex Afenyo-Markin, has accused the Economic and Organised Crime Office [EOCO] of targeting Internet fraudsters known in local terms as ‘Sakawa boys’ rather than the corrupt banking officials whose actions led to the collapse of the banks.

According to Mr. Afenyo-Markin, he has been in courts representing people whose accounts have been wrongly frozen by EOCO and the Financial Intelligence Center [FIC].

Mr. Afenyo-Markin said there are more pressing issues within the financial sector that require the attention of EOCO rather than witch-hunting supposed internet fraudsters.
Mr. Afenyo-Markin speaking on Citi TV’s Breakfast Daily questioned the motive behind the decision of EOCO to chase after ‘sakawa boys’ instead targeting the individuals whose actions and inaction costs the state vast sums of monies.

“I have been at the courts on numerous occasions, challenging EOCO and FIC, why they will be freezing the accounts of people with Gh¢5,000 and Gh¢2,000 of people who are on the computer doing ‘pen pal’ forgetting that there are real risk takers, that there are real issues in the financial sector that requires their attention. They failed.”

“If you go to the FIC today, and ask for their freezing data, I can assure you because I have always been in court that 99% are accounts frozen are against people I will call Sakawa boys. EOCO is doing the same thing with Sakawa boys, is it that they were brought into being to chase Sakawa boys? The real offenders are being allowed, and today we are going through this.” the MP said.



The MP for Effutu further called on the leadership of the bank of Ghana to be consistent in their supervisory efforts to ensure that more banks do not collapse.

Mr. Afenyo-Markin also called on the leadership of the newly formed Consolidated Bank to pay the compensation and salary arrears of sacked workers of the seven defunct banks.