Global Financial Integrity

Global Financial Integrity (GFI) is poised to release a comprehensive research report addressing the issue of money laundering within the real estate sector in Ghana. This report elucidates how individuals with questionable financial backgrounds are increasingly exploiting the real estate market for illicit financial activities. It presents an estimate of the total amount of money laundered in this sector and uncovers evidence of front companies being utilized to attract investments, which are then discreetly redirected into real estate. Furthermore, the rising acceptance of virtual assets, which often incorporate advanced privacy features, presents a significant risk for money laundering and complicates regulatory oversight. By illuminating these vulnerabilities, the report underscores the critical need for robust policy interventions and enforcement mechanisms to combat such illicit activities and protect the integrity of Ghana’s economy.