Latest Breaking News On - Philip danso - Page 1 : vimarsana.com

  The Chief Manager of the Banking Supervision department at the Bank of Ghana (BoG), Mr Philip Danso, has cautioned commercial banks against the transfer of funds abroad under the Technology Transfer Agreement (TTA) if the agreement was not registered in accordance with the GIPC Act 2013 (Act 865). He said funds that were transferred under TTAs that were not registered would attract sanctions when evidence of such transactions became available to the Central Bank. “Any TTA that is not registered is an illegality and will attract the appropriate sanctions, because the criminal code explains a crime as any conduct that attracts a penalty of death, punishment or a fine and once the GIPC Act has provided for a fine for TTAs that are not registered, then it falls within the definition of a crime,” he said.

Greater accraLamle orleans lindsayPhilip dansoHead of the legal divisionParent or groupTechnology transfer agreementsCentral bankGhana investment promotion centreBanking supervision departmentMinerals commissionTechnology transfer agreementNational insurance authorityPetroleum commissionNational communications authorityGhana revenue authorityChief manager