MTN MobileMoney executive meets EOCO Acting Executive Director

Date: 2025-06-11
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MobileMoney Limited, operators of MTN MoMo, has reaffirmed its commitment to combating financial fraud through enhanced collaboration with the Economic and Organised Crime Office (EOCO). The company’s CEO, Shaibu Haruna, led a delegation to EOCO’s headquarters for a courtesy visit with the newly appointed Acting Executive Director, Mr. Raymond Archer. 

The meeting focused on strategies to bolster Ghana’s digital financial security framework, with both institutions exploring deeper partnerships to detect, prevent, and prosecute financial crimes targeting mobile money users. Mr. Haruna congratulated Mr. Archer on his appointment and emphasized MobileMoney’s readiness to support EOCO’s mission through advanced fraud detection systems and customer education initiatives. 

Acting Executive Director Archer acknowledged MobileMoney’s critical role in Ghana’s cashless agenda and welcomed the opportunity for closer cooperation. “As digital transactions grow, so must our vigilance against cybercriminals,” he remarked. The discussion highlighted plans for joint capacity-building programs, real-time intelligence sharing, and public awareness campaigns to combat emerging fraud tactics. 

The engagement underscores Ghana’s proactive approach to securing its rapidly expanding digital finance sector, where mobile money interoperability has driven financial inclusion to over 68% of the adult population. With MTN MoMo processing billions of cedis monthly, such public-private collaborations are essential to maintaining system integrity. 

By:  Nana Appiah Acquaye

 

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