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Passive Green Well is Illegal — Bank of Sierra Leone Warns

FORUM NEWS SIERRA LEONE by FORUM NEWS SIERRA LEONE
28 November 2023
in ALL NEWS, BUSINESS, LATEST NEWS
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By Alusine Fullah

In public notice that was released by the Bank of Sierra Leone it is stated vividly that an online-based entity by the name of Passive Green Well” (PGW) has beenenticing individuals to invest in a covert financial scheme through a whatsapp group which involves accepting deposits from the public via mobile money.

According to the public notice: “The Bank of Sierra Leone hereby informs the public that it has not granted a license to the said Passive Green Well (PGW) to conduct any financial activity.

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Such financial activity by the PGW is therefore illegal. The Bank of Sierra Leone strongly warns the general public to desist from dealings/ transacting with the said Passive Green Well by way of any financial activity…”

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