Staff involved in fraud drops 40%, but 34% of staff were dismissed – BoG
7 million, or 96% of the total value at risk associated with cash suppression, highlighting the significant financial impact of insider fraud within the banking sector.
The Bank of Ghana (BoG) says employee involvement in fraud across the banking sector declined significantly in 2025, but only about one-third of staff implicated in fraudulent activities were dismissed by their institutions.
However, despite the decline in staff involvement, the Bank of Ghana said only 75% were dismissed in 2025, representing 34% of all staff implicated in fraud.
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