Minister of Communications, Digital Technology and Innovation, Samuel Nartey George
Minister of Communications, Digital Technology and Innovation, Samuel Nartey George, has expressed concern over the surge in mobile money fraud cases in the country, describing the trend as “unacceptable.”
He revealed that he has summoned all Electronic Money Issuers (EMIs) to a meeting that was initially scheduled for April 17, 2025.
However, the meeting has been postponed until after the Easter break at the request of the stakeholders.
“The surge in mobile money fraud is unacceptable. I have summoned all EMIs to a meeting this week to demand answers and clear strategies to protect consumers. The meeting was supposed to be on Thursday, but they’ve requested it be moved to after the Easter break,” he stated.
He continued, “The government will not sit idle while Ghanaians lose their money to digital criminals.”
Sam George made the statement while speaking on PM Express on JoyNews on April 15, 2025.
The Minister emphasised that digital finance platforms that fail to take adequate steps to protect their users will face repercussions.
“There will be consequences for platforms that are not doing enough to safeguard the funds of their users,” he warned.
He further noted that the government is considering legislative reforms to strengthen consumer protection in the fintech sector.
“We are reviewing the regulatory environment, and if it means amending laws to compel stricter compliance, we will not hesitate,” he said.
Sam George also called for a collaborative approach to tackling mobile money fraud, urging consumers to play their part as well.
“While the government is doing its part, users must also protect themselves by being cautious and informed,” he urged.
RAD/MA
Watch the latest edition of BizTech below:
Click here to follow the GhanaWeb Business WhatsApp channel