The Minister for Communications and Digitalisation, Sam George, has revealed that he has summoned Electronic Money Issuers (EMIs) for an urgent meeting following the alarming surge in mobile money fraud across the country.
Speaking on JoyNews’ PM Express on Tuesday, April 15, Mr George described the trend as deeply concerning and assured the public of swift government intervention.
“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 initially scheduled for Thursday, but they’ve pleaded for it to be postponed until after the Easter break,” he disclosed.
He stressed that the government will not sit idle while Ghanaians continue to fall victim to digital fraudsters.
“The meeting will focus on accountability, user protection measures, and the enforcement of digital security standards among service providers,” Mr George added.
The Minister also issued a stern warning to platforms that fail to implement adequate safeguards for their users.
“There will be consequences for platforms that are not doing enough to safeguard the funds of their users,” he emphasised.
Mr George further hinted at potential regulatory changes aimed at tightening oversight within the digital payment ecosystem.
“We are reviewing the regulatory environment, and if it means amending laws to compel stricter compliance, we will not hesitate,” he said.
He concluded by urging the public to remain alert and report any suspicious activity promptly.
“While the government is doing its part, users must also protect themselves by being cautious and informed.”
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