Story by, Paul Mensah Nsor .
Ghana police service have made a significant move to combat illegal foreign exchange activities, arresting 41 suspects in a massive sting operation in Accra. The operation, According to Director-General of the Criminal Investigations Department (CID) Lydia Yaako Donkor, they targeted known hotspots, including Tudu, Circle, Airport, and OSU Oxford street, and involved a joint effort between the Criminal Investigations Department (CID) and the Bank of Ghana.
The suspects, including Ghanaian nationals and foreigners from Togo, Benin, and Nigeria, were found with substantial amounts of cash, including 1,266,770 Ghana Cedis, 100,000 CFA Francs, 3,383,570 Naira, and 5,105 US Dollars.
This operation is part of a broader crackdown initiated in August 2025, which has seen 90 suspects arrested, with 13 already charged and brought before the Accra Circuit Court. Inspector General Christian Teta Yo Muno emphasized the importance of conducting forex transactions through legitimate banking channels.
The Ghana Police Service has pledged to continue working with the Bank of Ghana to eliminate illegal foreign exchange activities. The public is urged to report any suspicious activities and to use licensed forex bureaus for transactions.
