Money laundering threatens Ghana’s real estate sector, say industry players

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Can Ghana fight the influx of illicit money into the real estate sector? The oasis of peace in West Africa attracts more than just praise.

In Ghana, the lack of a regulatory body to manage the real estate industry has stifled the formal establishment of the sector over the past decade.

It has also bred a sector ripe for money laundering activities, one that is increasingly being identified as a means by which anti-government groups could channel funds in a region prone to military coups, say those in the industry.Get unlimited access to our exclusive journalism and features today. Our award-winning team of correspondents and editors report from over 54 African countries, from Cape Town to Cairo, from Abidjan to Abuja to Addis Ababa. Africa. Unlocked.

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