• About
  • Advertise
  • Privacy Policy
  • Contact
Tuesday, July 15, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

MTN Mobile Money Limited Partners with EOCO to Counter Organized Crime

July 27, 2023
Stephen M.Cby Stephen M.C
in Vaultz Business
0
MTN Mobile Money Limited Partners with EOCO to Counter Organized Crime

MTN Ghana Mobile Money Limited (MML) has signed a Memorandum of Understanding with the Economic and Organised Crime Office (EOCO) to fight organized crime as part of efforts to stay ahead of financial and organised crime that has recently taken over the industry.

Commenting on the partnership, Commissioner of Police Maame Yaa Tiwaa Addo-Danquah, who is the Executive Director of the EOCO, noted that the collaboration is very important because the Office of EOCO has just launched its five-year strategic plan to enable them stay ahead of the criminals.

According to Maame Yaa Tiwaa Addo-Danquah, the collaboration would enable the Office to improve on its responsiveness to its mandate, working with other agencies to fight organised crime in the country.

RelatedPosts

Importers Back Mahama’s Push to Regulate Port Fees, Predict Market Relief

Ghana Launches Investment Mapping Project to Boost District-Level Economic Growth

24-Hour Economy Policy Alone Not Enough – GNCCI Warns

The Executive Director averred that the Memorandum of Understanding is a new phase to collaborate effectively with MTN to reduce the activities of these criminals. She noted that as part of the Memorandum of Understanding, MTN mobile Money Limited would help to develop training content to guide the training of Officers of EOCO and their investigators to better position them to effectively gather intelligence.

The Commissioner of Police Maame Yaa Tiwaa Addo-Danquah stated that EOCO has been working together with MTN Mobile Money limited and the parties were able to secure a conviction sometime back. “I feel sad sometimes when people say the criminals are ahead of the security agencies and l know that with collective collaboration, we can stay ahead of them,” she added.

COP Addo-Danquah noted that the question is “if these criminals are working together, what of those fighting on those crimes?” with this, she said the collaboration will also to strengthen their communication around how frauds and its related crimes are reported.

Momo 1

The Executive Director called on the public to collaborate with the Office and other agencies to continue to fight organised crime in the country. She urged the media to direct people who report crimes to them to the law enforcement authorities.

MML CEO Hails the Partnership

Mr Shaibu Haruna, the Chief Executive Officer of the Mobile Money, MTN Ghana, commended the leadership of EOCO for the opportunity to collaborate in fighting organised crime.

Mr Shaibu Haruna noted that Mobile Money has become an integral part of the financial system, which needs to be protected. As such, he said they intend to use their collaboration to address these challenges.

The Chief Executive Officer of the Mobile Money insisted that it is their collective responsibility to work with all security agencies, especially EOCO, to stay ahead of crime.

Meanwhile, this collaboration is in line with a recent call by the CEO of MTN Ghana, Selorm Adadevoh, who called for a multi-sectoral collaboration to minimise mobile money and Internet fraud in the country.

Considering that Ghana is fast transitioning into a digital economy, the CEO said Internet and MoMo fraud pose a larger national threat and for that reason, stakeholders must work in unison to nip the menace in the bud. Until December last year, the CEO said, the incidence of MoMo fraud has subsided significantly.

However, fraudsters are always evolving, engineering more sophisticated strategies to bypass established security systems in a new wave. This collaboration will help to bring down the incidence of fraud drastically.

Meanwhile, the Economic and organised Crime Office(EOCO) was established in 2010 to lead Ghana’s efforts against the increasing challenges of economic and organised crime. It is responsible for preventing, detecting and investigating crimes such as money laundering, human trafficking, illegal cyber activity and tax fraud.

READ ALSO: Bulls Refuse to Leave the Ghana Stock Exchange As Investors Continue to Bask in Adulation  

Tags: Commissioner of Police Maame Yaa Tiwaa Addo-DanquahEconomic and Organised Crime Office (EOCO)Mr Shaibu HarunaMTN GhanaMTN Ghana Mobile Money Limited (MML)
Please login to join discussion
Previous Post

GES Urged To Return Disciplinary Powers To Teachers And Principals

Next Post

Public Discourse On Matter In Adisadel College Will Not Help Students- Eduwatch

Sign up for The Vaultz analytic wire

Get weekly news analysis from top editors at The Vaultz and stay informed on trending economic and business issues from across the globe.

Related Posts

President John Dramani Mahama
General News

Mahama Commits to Developing the Western North Region

July 15, 2025
Hon. Sammy Awuku, Fuel, Appointees
General News

Minority Labels Mahama’s Fuel Cut Directive a PR Gimmick

July 15, 2025
Burna Boy Worried Over Small Crowd at Wireless Festival
Entertainment

Burna Boy Retracts Afrobeats Comments

July 15, 2025
EU Launches Preparedness Union Strategy
Europe

Individuals, Entities Sanctioned For Destabilising Moldova’s Democracy

July 15, 2025
UK Ends Secret Afghan Relocation Scheme
UK

UK Ends Secret Afghan Relocation Scheme

July 15, 2025
COPEC Lauds Mahama for Ending Appointee Fuel Perks—Calls It ‘Forward-Thinking!’
Extractives/Energy

COPEC Lauds Mahama for Ending Appointee Fuel Perks—Calls It ‘Forward-Thinking!’

July 15, 2025
President John Dramani Mahama
General News

Mahama Commits to Developing the Western North Region

by Evans Junior OwuJuly 15, 2025
Hon. Sammy Awuku, Fuel, Appointees
General News

Minority Labels Mahama’s Fuel Cut Directive a PR Gimmick

by Silas Kafui AssemJuly 15, 2025
Burna Boy Worried Over Small Crowd at Wireless Festival
Entertainment

Burna Boy Retracts Afrobeats Comments

by Esther Korantemaa OffeiJuly 15, 2025
EU Launches Preparedness Union Strategy
Europe

Individuals, Entities Sanctioned For Destabilising Moldova’s Democracy

by Comfort AmpomaaJuly 15, 2025
UK Ends Secret Afghan Relocation Scheme
UK

UK Ends Secret Afghan Relocation Scheme

by Lawrence AnkutseJuly 15, 2025
COPEC Lauds Mahama for Ending Appointee Fuel Perks—Calls It ‘Forward-Thinking!’
Extractives/Energy

COPEC Lauds Mahama for Ending Appointee Fuel Perks—Calls It ‘Forward-Thinking!’

by Stephen M.CJuly 15, 2025
President John Dramani Mahama
Hon. Sammy Awuku, Fuel, Appointees
Burna Boy Worried Over Small Crowd at Wireless Festival
EU Launches Preparedness Union Strategy
UK Ends Secret Afghan Relocation Scheme
COPEC Lauds Mahama for Ending Appointee Fuel Perks—Calls It ‘Forward-Thinking!’
[/vc_row_inner]

Recent News

  • Mahama Commits to Developing the Western North Region
  • Minority Labels Mahama’s Fuel Cut Directive a PR Gimmick
  • Burna Boy Retracts Afrobeats Comments
  • Individuals, Entities Sanctioned For Destabilising Moldova’s Democracy
  • UK Ends Secret Afghan Relocation Scheme
The Vaultz News

Copyright © 2021 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2021 The Vaultz News. All rights reserved.