GIPC INVESTIGATES CHY CENTURY HENG YENG GROUP LIMITED AND SAIRUI E-COMMERCE GHANA LIMITED.
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GIPC INVESTIGATES CHY CENTURY HENG YENG GROUP LIMITED AND SAIRUI E-COMMERCE GHANA LIMITED.


 




Story by Abraham Joash Amaakwei Akadja


The Ghana Investment Promotion Center has begun investigation on Century Heng  Yeng Group and SAIRUI E-COMMERCE GHANA LIMITED, managers of CHY Mall operating via chymall.net. 




This act comes after the Securities and Exchange Commission (SEC) issued a statement on the 8th of January 2021 warning the general public on engaging in any form of business with Chy Mall because it has not been licensed to carry out any form of Capital Market activity.




A statement released by the Ghana Investment Promotion Council indicates that Century Heng Yeng Group and Sairui E-commerce Ghana is also not licensed by the Ghana Investment Promotion Center.




In Statement issued by  GIPC to the public indicates that, as a responsible State Agency, GIPC has therefore commenced investigations into the said allegations and will assist other relevant state agencies in their ongoing investigations and inform the general public on its findings and next course of action.




Below is the statement issued by GHANA INVESTMENT PROMOTION CENTER.




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