Director-General of CID, Maame Yaa Tiwaa Addo-Danquah
The Director-General of the Criminal Investigations Department (CID) of the Ghana Police Service, Deputy Commissioner of Police (DCOP) Maame Yaa Tiwaa Addo-Danquah has entreated the public to conduct due diligence before putting their monies into any investment because “most investment companies are not registered”.
DCOP Addo-Danquah, who is a member of the Association of Chartered Certified Accountants (ACCA), disclosed this in an interview with Moro Awudu on Class 91.3FM.
She was a guest on the ACCA Thinking Ahead series segment on the Executive Breakfast Show on Tuesday, 6 November 2018.
In educating the public on safe investments, Mrs Addo-Danquah cautioned the public against investing in businesses they “do not understand”.
She emphasized the importance of due diligence and seeking expert advice from credible people before committing funds into an investment.
In her opinion, people should also refrain from using other people’s funds for investments that promise huge returns within a short time.
According to her, “Due diligence is critical before investing in any business” and, so, advised prospective investors not to dole out monies blindly.
