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EOCO signs MoU with Mobile Money Limited to combat fraud

Momo 1

The Economic and Organised Crime Office (EOCO) and the Mobile Money Limited (MML) of MTN Ghana on Wednesday have signed a Memorandum of Understanding (MoU) on 25 July 2023 at the EOCO head office in Accra.

The executive director of EOCO, COP Maame Yaa Tiwaa Addo-Danquah in her opening remarks intimated that the MOU falls in line with the new vision of EOCO “to stay ahead of economic and organised crime” detailed in its recently launched 5-year Strategic Plan.

The EOCO boss says attaining this vision requires the collaborative effort of all relevant stakeholders which includes MML. She indicated that this MOU marks a new phase of collaboration between the two institutions. She stated that even as mobile money has come to make life easy for all, criminals are also finding new ways to defraud unsuspecting Ghanaians.

According to her, as part of the collaboration, MML will facilitate training and capacity building for staff of EOCO on current trends and cutting-edge technology in Mobile Money as to stay ahead in the fight against economic and organised crime.

The chief executive officer of MML, Haruna Shaibu stated that as a leading provider of digital financial service in Ghana, MML owes a responsibility to work with EOCO to support and drive the quest to ensure a safe environment for their customers to conduct business and other personal transactions.

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