EOCO Investigates Directors Of Collapsed Microfinance Companies

The Economic and Organised Crimes Office (EOCO) is instituting investigations into directors of over 65 of the collapsed Microfinance Institutions in receivership.

The directors are to be investigated on their individual roles in the use of depositor funds.

Citi News sources say that records of many of the companies cannot be traced while many of the directors cannot also be located.

In line with the Banking sector reforms, the Central Bank in May revoked the licenses of 347 insolvent microfinance institutions.

The Receivers have subsequently taken steps to begin repayment of depositors’ funds.

EOCO according to Citi News sources is assisting the Receiver to locate, interrogate and conduct investigations into the conduct of directors of these companies.

Below is the full list of the microfinance institutions whose licenses were revoked by the BoG

Microfinance Companies – Insolvent

1st Eye Microfinance Company Limited
Abepa Microfinance Limited
Acea Microfinance Co. Limited
Adom Sika Microfinance Limited
Advalue Microfinance Limited
Ae Microfinance Company Limited
Af Microfinance Company Limited
Afrique Capital Microfinance Limited
Akad Microfinance Limited
Aki Microfinance Company Limited
All Ghana Microfinance Limited
All Inclusive Microfinance Limited
Alliancetrust Microfinance Limited
Amisgold Microfinance Services Limited
A-N Microfinance Services Limited
A-One Trust Microfinance Services Limited
Appiaduman Microfinance Limited
Aspet-A Microfinance Limited
A-Star Microfinance Limited
Axis Direct Microfinance Company Limited
Benkoson Microfinance Limited
Best Microfinance Services Limited
Bluehills Microfinance Limited
Boafo Ne Nyame Microfinance Limited
Bodev Microfinance Limited
Boin Microfinance Limited
Bonamax Microfinance Company Limited
Brite Life Microfinance Limited
Broadview Capital Microfinance Limited
Capital And More Microfinance Company Limited
Capital Connect Microfinance Limited
Cash Multitrust Microfinance Limited
Cashphase Microfinance Company Limited
Cashplus Microfinance Limited
Christian Community Microfinance Limited
Citizen Capital Microfinance Limited
City Credit Microfinance Limited
Connect Capital Microfinance Limited
Cottage Microfinance Limited
Credability Investment And Microfinance Limited
Crown Capital Microfinance Limited
Crown House Microfinance Limited
Cymain Capital Microfinance Limited
Cypress Microfinance Company Limited
Dahinsheli Microfinance Limited
Daily Capital Microfinance Limited
Datacash Microfinance Limited
Dbm Microfinance Limited
Delight Microfinance Company Limited
Des Microfinance Limited
Dolphin Microfinance Services Limited
Donewealth Microfinance Limited
Dove Microfinance Company Limited
Dpf Microfinance Limited
D-Vanc Microfinance Limited
Dwetire Microfinance Limited
Easyfast Microfinance Limited
Ebenezer Microfinance Company Limited
Eclipse Microfinance Limited
Emefs Microfinance Limited
Emeralf Microfinance Limited
Emerge Microfinance Limited
Emeton Microfinance Services Limited
Empire Credit Microfinance Limited
Emwl Microfinance Company Limited
Et Microfinance Limited
Evergreen Microfinance Limited
Expressway Microfinance Limited
Fast Track Capital Microfinance Limited
Financial Republic Microfinance Company Limited
Fino Microfinance Limited
First Call Microfinance Company Limited
First Liberty Microfinance Limited
Fountaingate Microfinance Limited
Frontier Capital Microfinance Limited
Frontline Microfinance Limited
Fts Capital Microfinance Limited
Future Leaders Microfinance Limited
Gab Microfinance Limited
Gad Microfinance Limited
Galaxy Microfinance Limited
Geo Multi Microfinance Limited
Gg Credit Microfinance Company Limited
Ghabsy Microfinance Limited
Giant Steps Microfinance Services Limited
Global Feed Microfinance Limited
Global Trust Microfinance Services Limited
God Is Perfect Microfinance Limited
Goldman Capital Microfinance Co. Limited
Great Nation Microfinance Limited
Greenfield Microfinance Services Limited
Hegis Microfinance Limited
Heritage Microfinance Limited
Hodidi Microfinance Company Limited
Home Support And Allied Microfinance Limited
Idos Microfinance Limited
Integrity Capital Microfinance Limited
Jcf Consumer Microfinance Limited
Jdc Microfinance Company Limited
Jefam Microfinance Company Limited
Jidai Microfinance Limited
Jw Microfinance Limited
Kingdave Microfinance Limited
Kingsbridge Microfinance Limited
Kka Empire Microfinance Limited
Kwahu Microfinance Company Limited
Lake View Microfinance Limited
Legend Microfinance Co. Limited
Liberty Dmi Microfinance Limited
Liberty Trust Microfinance Limited
Lj Cashplus Microfinance Limited
Lloyds Capital Microfinance Limited
Mace Microfinance Limited
Masadar Microfinance Limited
Melbond Microfinance Limited
Meridian Microfinance Limited
Micaid Microfinance Company Limited
Mop Microfinance Limited
Multi Money Microfinance Company Limited
Multibility Microfinance Limited
Nas Microfinance Company Limited
Nationwide Microfinance Limited
New Business Microfinance Limited
New Image Microfinance Limited
New Ways Microfinance Limited
Nkosuo Microfinance Limited
1 Microfinance Company Limited
Ofs Microfinance Company Limited
Optimal Microfinance Limited
Osomufo Microfinance Limited
Oval Microfinance Limited
Paragon Microfinance Company Limited
Pathway Microfinance Limited
Pearlhouse Ghana Microfinance Limited
Peesam Microfinance Limited
Perebrim Microfinance Company Limited
Planet Microfinance Limited
Planters Capital Microfinance Company Limited
Prime Guaranty Fsl Microfinance Limited
Primecredit Microfinance Limited
Primus Microfinance Limited
Prof Microfinance Limited
Progressive Microfinance Company Limited
Pronto Microfinance Limited
Proseed Microfinance Company Limited
Purpose Microfinance Limited
Q-Star Investments & Microfinance Limited
R&J Gateway Microfinance Services Limited
Rancare Microfinance Limited
Redeemer Microfinance Limited
Renaizance Capital Solutions Microfinance Limited
Reob Fekams Microfinance Company Limited
Rightway Microfinance Limited
Rivers Capital Microfinance Limited
Ropa Microfinance Limited
Ross Capital Microfinance Limited
Royal Steps Microfinance Limited
Royalty Capital Microfinance Limited
Safenet Microfinance Limited
Samag Microfinance Limited
Savannah Microfinance Limited
Savplus Microfinance Services Limited
Silver Trust Microfinance Company Limited
Solid Rock Microfinance Limited
Solutions Microfinance Limited
Sources Unlimited Microfinance Limited
Sovereign Microfinance Limited
Standard Trust Microfinance Limited
Star Alliance Microfinance Limited
Starling Microfinance Services Limited
Startwell Microfinance Company Limited
Supreme Trust Microfinance Limited
The Orange Capital Microfinance
The Rashards Microfinance Limited
The Trustline Microfinance Company Limited
Ti Microfinance Limited
Total Discount Microfinance Limited
True Life Capital Microfinance Limited
Trust Link Microfinance Limited
Trust Microfinance Company Limited
Turnstar Microfinance Limited
Unik Life Microfinance Limited
Unique Microfinance Limited
Unique-Mas Microfinance Company Limited
Vision Credit Microfinance Limited
Voa Microfinance Limited
We Enable Microfinance Limited
Wintrust Microfinance Limited
Wondaland Microfinance Limited
Yan Microfinance Company Limited
Yeken Microfinance Limited
Yoli Microfinance Company Limited

Microfinance Companies – Insolvent And Ceased Operations

72 Hours Microfinance Company Limited
Abis Plus Microfinance Limited
Acit Capital Microfinance Limited
Adwenpa Microfinance Limited
Adwumaden Microfinance Limited
African Trust Microfinance Limited
Ag Microfinance Limited
Agt Microfinance Company Limited
Allot Microfinance Company Limited
Arhinpa Microfinance Limited
Attention Microfinance Limited
Av Global Microfinance Limited
Beaconcity Microfinance Company Limited
Bedel Microfinance Limited
Bengay Microfinance Company Limited
Better Life Microfinance Company Limited
Big Dreams Microfinance Limited
Bik Microfinance Company Limited
Boatem Microfinance Limited
Boavole Microfinance Limited
Brisk Credit Microfinance Limited
C.I.G. Microfinance Limited
Capital House Microfinance Limited
Capital Line Microfinance Limited
Captains Microfinance Company Limited
Casablanca Microfinance Limited
Cashbridge Microfinance Limited
Cc Microfinance Limited
Citizens Resource Microfinance Limited
Comaid Microfinance Limited
Comba Microfinance Limited
Common Capital Microfinance Limited
Community Microfinance Limited
Crucial Times Microfinance Limited
Cypress Cedar Microfinance Company Limited
Daa Nhyira Microfinance Company Limited
Dc Microfinance Company Limited
Dems Microfinance Company Limited
Dg Capital Microfinance Limited
Divine Fortunes Microfinance Limited
Divine Microfinance Limited
Dwadifo Adanfo Microfinance Company Limited
Dynasty Microfinance Services Limited
Eden Microfinance Limited
Ekoba Get Rich Microfinance Limited
Elite Microfinance Limited
Ellis Microfinance Limited
Era Microfinance Services Limited
Excel United Microfinance Limited
First Fidelity Microfinance Limited
Flexi Microfinance Limited
Focus Link Microfinance Company Limited
Fortress Microfinance Company Limited
Frankaman Microfinance Company Limited
Giant Gait Microfinance Limited
G-Life Microfinance Limited
Global One Microfinance Company Limited
Gmet Microfinance Limited
Godigo Microfinance Limited
Golden Trust Microfinance Company Limited
Goldpot Microfinance Limited
Goodnews Microfinance Company Limited
Halal Microfinance Limited
High Prestige Microfinance Services Limited
Hog Microfinance Limited
Ics Microfinance Limited
Ik Microfinance Limited
Instant Microfinance Limited
Investsure Microfinance Limited
Jada Microfinance Limited
Jays Microfinance Limited
Jopat Microfinance Company Limited
Jorbies Microfinance Limited
Joyhelp Microfinance Limited
Joyprin Microfinance Company Limited
K. A. D. Microfinance Limited
Kanafin Microfinance Services Limited
Kapital Express Microfinance Company Limited
Karsi Microfinance Limited
Kenlasab Microfinance Limited
Kingdom Trust Microfinance Limited
Landmark Microfinance Limited
Last Chance Microfinance Company Limited
Latter Rain Microfinance Limited
Lead Capital Microfinance Limited
Lead Global Microfinance Limited
Leap Credit Microfinance Limited
Light Microfinance Limited
Liquidity Solutions Microfinance Limited
Liyac Microfinance Company Limited
Loyal Shepherd Microfinance Limited
Mallon Microfinance Company Limited
Man Capital Microfinance Company Limited
Mars Microfinance Limited
Megamitch Microfinance Limited
Micrene Microfinance Limited
Mighty Microfinance Limited
Mokap Microfinance Limited.
Moneyshop Microfinance Limited
Moore Naara Microfinance Limited
Mt Microfinance Limited
Nativity Microfinance Services Limited
Niva Microfinance Limited
Noble Dream Microfinance Limited
Obaatanpa Microfinance Company Limited
Obuoba Microfinance Company Limited
Oye Microfinance Limited
Panam Microfinance Company Limited
Pimcel Microfinance Company Limited
Pinnacle Microfinance Limited
Platinum Capital Microfinance Limited
Premier Microfinance Limited
Price Capital Microfinance Limited
Profit Point Microfinance Limited
Pro-Link Microfinance Limited
Prudence Microfinance Limited
Purple Microfinance Limited
Qodesh Microfinance Limited
Quick One Microfinance Limited
Reell Microfinance Limited
Restore Microfinance Company Limited
Rhokida Microfinance Limited
Royal Future Microfinance Limited
Sag Ave Maria Microfinance Company Limited
Say-Adsam Microfinance Limited
Seedshare Capital Microfinance Limited
Shalom Microfinance Company Limited
Shine Credit Microfinance Limited
Sica Microfinance Limited
Silban Capital Microfinance Limited
Sim Microfinance Limited
Skycredit Microfinance Limited
Skyy Creditline Microfinance Limited
Solution Pioneers Microfinance Company Limited
Ss Microfinance Limited
Ss Stacots Microfinance Company Limited
St. Mary’s Microfinance Limited
Stalwart Microfinance Services Limited
Star Plus Microfinance Limited
Star Wealth Microfinance Limited
Strategies Microfinance Services Limited
Sweet Jesus Microfinance Limited
Tbs Capital Microfinance Limited
The Informal Project Microfinance CompanyLimited
Tipping Point Microfinance Limited
Trans Microfinance Limited
Turning Point Microfinance Company Limited
Unicorn Happy Investment Microfinance Limited
V-Seed Microfinance Services Limited
Waxson Microfinance Company Limited
Western Allied Microfinance Limited
Wetland Microfinance Limited
Wimac Trust Microfinance Limited
Wiselink Microfinance Company Limited
Xerox Microfinance Services Limited

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