West Africa

GREDA's Executive Secretary, Sammy Amegayibor

GREDA raises alarm over influx of illicit money into real estate

The Ghana Real Estate Developers Association (GREDA) has voiced concern over the surge of illicit funds into the real estate sector, signalling potential economic repercussions. The association highlights the sector's vulnerability to money laundering, attributing it to tightened banking systems diverting illicit money toward real estate. GREDA's Executive Secretary, Sammy Amegayibor, stressed the...

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