The Director-General of the Criminal Investigation Department (CID) of the Ghana Police Service, Madam Yaako Donkor, has announced a heightened crackdown on unauthorised foreign exchange trading hotspots across Accra as the festive season approaches.
Speaking at the CID Headquarters in Accra alongside Bank of Ghana officials, Madam Donkor revealed that an intelligence-led operation, conducted in partnership with the central bank, targeted key areas including Tudu, Kwame Nkrumah Circle, Airport, and Osu. “A total of 41 suspects, comprising both Ghanaians and foreign nationals, were arrested for engaging in unauthorised foreign exchange trading,” she disclosed to journalists.
She strongly urged the public to conduct all foreign exchange transactions through licensed banks and approved financial institutions, warning that patronising illegal operators exposes individuals to fraud and other financial risks.
The operation comes at a critical time, with the December in GH campaign attracting thousands of tourists and returning Ghanaians who depend on forex services. The CID emphasised that legal forex transactions not only protect customers but also promote financial discipline and bolster Ghana’s reputation as a secure and reputable destination.
Madam Donkor reaffirmed the police service’s commitment to collaborating with regulatory bodies to sustain the fight against illegal forex trading and safeguard the integrity of Ghana’s financial system.
Source: Apexnewsgh.com