The McDan Group of Companies, owned by businessman Daniel McKorley, is currently under scrutiny following investigations launched by the Financial Intelligence Centre (FIC). The probe centers around certain financial transactions undertaken by the conglomerate between January 2020 and December 2024. According to documents obtained by GhanaWeb, the FIC is requesting detailed information regarding specific payments made by the McDan Group of Companies to various entities during this period, as part of an investigation into potential violations.

The FIC's request outlines the need for particulars, including all electronic fund transfers conducted between January 1, 2020, and December 31, 2024, copies of checks issued to third parties during the same timeframe, and the financial institutions used for these payments. These details, as stated in excerpts from the FIC addressed to the Managing Director of the McDan Group of Companies, are required under Section 36 and 37 of the Anti-Money Laundering Act, 2020 (Act 1044).

The McDan Group of Companies encompasses several businesses, including McDan Shipping Company, McDan Aviation, and McDan Logistics. Furthermore, Electrochem Ghana Limited, a subsidiary of the McDan Group, has faced media controversy for several years. Since the appointment of Ing. Kwadwo Twum Boafo, the FIC has intensified its efforts to combat money laundering and terrorism financing through various programs.

GhanaWeb also reports that the FIC has placed an embargo on all accounts belonging to Bernard Antwi Boasiako, the owner of Akonta Mining and the Ashanti Regional Chairman of the New Patriotic Party.