<\/p>\n
The Attorney General has filed documents <\/p>\n The companies have been posing as <\/p>\n The Attorney General in court documents <\/p>\n Companies Involved<\/span><\/sup><\/strong><\/p>\n <\/p>\n The companies namely Q-NET Company <\/p>\n In the AG\u2019s notice of a petition for In the Upper West Q-NET, the AG <\/p>\n NIB Investigations<\/span><\/sup><\/strong><\/p>\n <\/p>\n According to the Attorney General, the <\/p>\n He said in the application that the QI <\/p>\n \u201cOwing to the illegal purposes to which <\/p>\n Modus Operandi<\/span><\/sup><\/strong><\/p>\n <\/p>\n The AG averred that \u201cto become a member <\/p>\n Fraud & Illegality<\/span><\/sup><\/strong><\/p>\n <\/p>\n In the particulars of fraud and <\/p>\n The AG also said Q-NET is \u201cfalsely <\/p>\n He further averred that\u00a0the <\/p>\n Youth Action<\/span><\/sup><\/strong><\/p>\n <\/p>\n According to the AG, on September 10, <\/p>\n The AG said investigations by the <\/p>\n Money Laundering<\/span><\/sup><\/strong><\/p>\n <\/p>\n On the issue of money laundering, the AG <\/p>\n \u201cThe proceeds of this unlawful activity <\/p>\n He said that \u201cin the interest of <\/p>\n
in court to close down three private companies allegedly operating what is akin
to a Ponzi scheme.<\/span><\/sup><\/p>\n
recruitment agencies, mainly in the middle, northern belts of the country and
some parts of Greater Accra, and collecting huge sums from the public under the
guise of providing them jobs, especially in the gold and mining sector in
particular.<\/span><\/sup><\/p>\n
has said their activities are posing security challenges in the country and
must be shut down before things escalate.<\/span><\/sup><\/p>\n
Limited based in Techiman in the Bono East Region, Q-NET Investments Limited,
Wa in the Upper West Region as well as Q-NET Limited based in Kumasi in the
Ashanti Region, appear to be intertwined, looking at their modus operandi.<\/span><\/sup><\/p>\n
official winding up of the companies, the action identified the directors of
the respondents in the Bono East Q-NET as Mbun Mbabugri Kazani and Braimah
Suraju.<\/span><\/sup><\/p>\n
mentioned the directors as Martin Luther King Dagoro and Jerry Dagoro, while in
the Ashanti Region Q-NET, the stated shareholders\/trustees included Kunde
Ngambe, Jilima Magan, Godwin Lapah, Fuseini Issah, Jilima Magan and Fuseini
Issah, while the directors were identified as Fuseini Issah, Jilima Magan,
Kunde Ngambe, Yakubu Adam as well as Godwin Lapah.<\/span><\/sup><\/p>\n
National Intelligence Bureau (NIB) has been able to establish that the
companies are part of a network of a multinational marketing company owned by
the QI Group with its headquarters in Hong Kong, and they enter into a country,
register to do business, but end up operating their Ponzi schemes.<\/span><\/sup><\/p>\n
network has offices in many countries including West Africa, where the group has
offices in La Cote d\u2019 Ivoire, Nigeria, Mali and Ghana.<\/span><\/sup><\/p>\n
its incorporation is exploited, Q-NET or the QI network has been banned in the
following countries: United States, Canada, Australia, Rwanda, Iran, Sri Lanka,
Syria, Afghanistan and La Cote d\u2019Ivoire,\u201d the AG averred, adding that they are
\u201cpredominantly operational in the Northern, Upper East, Bono East, Bono,
Ashanti, Eastern, Greater Accra, Upper West, Western and Ahafo regions.\u201d<\/span><\/sup><\/p>\n
of the false schemes put in place by the respondent, respondent requires
prospective subscribers to purchase various online items for various sums
ranging between GH\u00a23,000 and GH\u00a24,000,\u201d adding that \u201cthe subscribers and
directors of respondent have since its incorporation, consistent with the modus
operandi observed in other countries in which Q-NET or the QI Group is present,
operated the respondent for illegal purposes in a way as to denigrate and
vitiate the business and activity for which it was incorporated.\u201d<\/span><\/sup><\/p>\n
illegality, the AG is saying that Q-NET has been \u201cLuring unsuspecting members
of the public to pay the sum of about GH\u00a25,200.00 for the purpose of finding
employment in gold refineries which turned out to be a hoax,\u201d as well as
\u201cfalsely representing to about many youths, mainly from the Republics of Togo
and Cote d\u2019Ivoire, that they could find them jobs in consideration for
GH\u00a23,125, which representation turned out to be false.\u201d<\/span><\/sup><\/p>\n
holding itself out as a recruitment agency for a mining firm and extracting
various amounts between GH\u00a21,500 and GH\u00a25,000 as a basis for recruiting members
of the public to work for mining companies.\u201d<\/span><\/sup><\/p>\n
activities of Q-NET are dominated by Ivorians, Nigerians, Burkinabes, Beninois
and Malians, and added that \u201chundreds of victims of the dishonest and illegal
activities of the respondent in the Bolgatanga municipality and community
leaders including traditional rulers have expressed concern about the security
threat the operations of respondent poses to the community.\u201d<\/span><\/sup><\/p>\n
2019, about 70 youth of Bechem attacked the offices of Q-NET and chased its workers
out after the company defied the orders of the Tano South Municipal Assembly to
stop operating, saying \u201cthe outrage evoked by the illicit activities of
respondent compelled the state\u2019s intelligence and investigative authorities to
probe the operations of the respondent.\u201d<\/span><\/sup><\/p>\n
National Security Council Secretariat disclosed that Q-NET operates in a manner
akin to a Ponzi scheme by luring clients to make deposits and investments with
them which they eventually lose, saying \u201cthe members and directors of
respondent persist in their illegal conduct and exploitation of the registered
business of the respondent for the perpetration of fraud and other forms of
illegality including money laundering.\u201d<\/span><\/sup><\/p>\n
said \u201csubscribers to the respondent have formed the respondent ostensibly for
computer networking,\u201d adding \u201cthe company, however, as demonstrated above, is
utilized for the collection of payments from members of the public under various
false representations.\u201d<\/span><\/sup><\/p>\n
are diverted by the members and directors of respondent to purposes unconnected
with the registered activities of respondent,\u201d the AG averred, and added that
\u201cthe widespread criminality and illegality for which the respondent is being
operated has grossly undermined its existence in the Ghanaian community.\u201d<\/span><\/sup><\/p>\n
protecting the national interest, having regard especially to the public
business for which the respondent was incorporated to perform, petitioner owes
a duty to take urgent measures to stop its operations,\u201d adding \u201cit is in the
national interest that the activities of respondent which pose a direct
security threat to the peace, economic and social stability of parts of this
country are wound up.\u201d<\/span><\/sup><\/p>\n