Over 5,000 fraudsters wanted to fraud Government through Ghana’s COVID-19 stimulus fund, the Executive Director of NBSSI, Mrs. Kosi Yankey-Ayeh has suggested.
In a bid to cushion Ghana’s economy on the impact of coronavirus, the government introduced Ghana’s COVID-19 stimulus fund to aid these businesses.
The Executive Director of NBSSI, Mrs. Kosi Yankey-Ayeh had through KPMG realized over 5,000 people had applied with false documents to get the loan.BREAKING: Ban On Public Gatherings Extended By Two More Weeks- Eugene Arhin(Opens in a new browser tab)
She didn’t state if eh police had been involved not the matter or they had been let go free.
Explaining how she found out , she said;
“The online portal developed to receive applications has detected more than 5,200 fraud alerts representing multiple applications with the same mobile money or bank account details.No Government Official Has Tested Positive For Coronavirus(Opens in a new browser tab)
“For instance, we identified that one person registered for over 100 people in a community with the same documentation, mobile money contact, or account number.
“And so what we did was to engage the services of KPMG, a tax consulting firm, to do data analysis of the applications to help make the right decisions,”
“We had to give all concerns carefully thought to arrive at the six-day extension. The grace period presents an opportunity to rectify complaints and errors of applicants with wrong credentials recorded on the digitalized application portal,” she concluded.