Banks Aid and Condone Internet Fraud in Ghana.

All Banks Know This But Won't Respect it.

I do not work in the banks, neither am I a banker but my visits to banks seem routine almost daily. I just love the scenery in the banking halls in Ghana and since you don't have to pay anything to be in there, I take advantage of that liberty by the kind courtesy of nice customer relations and observe activities inside the banks.
I am not going to be specific with any Ghanaian bank but all banks in Ghana do condone this pandemic of internet fraud, holistically. Everybody is happy, especially bank owners and general managers when huge profits margins are announced at the annual general meetings with increasing rates yearly.
The question nobody ever got the balls to ask is how much is the income revenue of interests on loans from customers since that is the only source of revenue for banks in Ghana. I can say this on authority because aside Data Bank and Ghana commercial Banks, no other banks earn much on stock trading like they make from international remittance services.
You see cautions and warning signs boldly placated inside of all banking halls that "Money laundering is a crime..." and the rest of all financial criminal jargons but that is how far those warnings could go. They stay written on walls and never respected by any banker in Ghana.
The Central has recently issued some warning for banks to be able to raise their capital income to some insuperable level and nobody wondered how in a living hell's name these banks are going to meet such demands, given the decaying economic standing of the jurisdiction, Ghana.
Day in day out, foreigners accuse my country of fraudulent behaviors and the first gentleman is bent on combating such crimes by starting the arrest of innocent young men who are only Facebook and Instagram hooligans.
The question of how these looted and "scam funds" get into the country is left unattended to. These young people may be involved in these activities one way or the other, I would not shield anybody, but the fact still remains that none of these people owns or operates banks and loans facilities. Politicians and pseudo-businessmen and women do.
They are aware of how these boys operate because these bankers "buy" shares in the online scam business of our young people. I so much wish to make this post very formal and professional but I think I just have to throw in everything the way they come.
Police officers, business tycoons, ministers and lawyers allows our young people involved in these online scams to use their names and bank details to receive huge bank transfers for a percentage share of total transfers.
Most of these young people do not even have to go to the bank to receive most of these funds. They just put a call through to the personalities they deal with, let them know about the amount involved and just sit home and wait for a call for their money after the political figures and the bank managers deduct their own percentage shares.
It is only when the truth hits the streets that everybody looks for ways to get out. That's why you see some young men arrested and kept from the cameras, and probably released on the same to keep them from blowing the whistle.
It is the sole responsibility of TEAM tHe Clerk GH to blow the whistle as nobody has balls huge and hard enough to make that call. These boys, "scammers", when thoroughly searched, are in possession of some highly classified documents of the state ranging from the judiciary, the police, business entities, the registrar and what have you. The question is how do they come by all these documents? Would the banks agree that they have any knowledge of these things? I am not certain any bank would admit this because that is pretty much a career and reputation destructive than a C4, but it is the truth walking butt-naked without even having to look out for facts.
All these would be rightly denied by even those caught on camera as is the custom in Ghana recently where some corrupt officials caught on spy cams taking bribes for services they are employed and being paid for, denied ever doing so. The list is just pathetic. The good new however is that spy cam footage inside of these banks would give ample explanations as to the kind of business some young men like us do when we are paid huge sums of uncountable monies over the counters through remittances by these banks.
I think it is about time we restored the lost respect to the laws of Ghana by putting each act and article into practice. We all know the laws exists but those who are to ensure they are enforced are the ones recruiting us the civilians to over step beyond legal bounds.

Credit: TEAM THə CŁƏrk GH