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Seven Nabbed for Misusing Ghana's Currency in Bouquets
6 Oct
Summary
- Seven individuals arrested for creating 'money bouquets' from banknotes.
- Bank of Ghana deems this practice an illegal misuse of national currency.
- Suspects face potential fines or jail terms upon prosecution.
Ghanaian authorities have apprehended seven women in Accra for allegedly constructing bouquets using the nation's currency, the cedi. This practice is explicitly forbidden by the Bank of Ghana, which classifies it as an illegal misuse and improper handling of the cedi. The arrests were executed by police following intelligence reports, marking a significant enforcement action against currency misuse.
The central bank issued a notice in July, cautioning against actions that could depreciate or impair the national currency's lawful value or use. The Bank of Ghana has consistently warned against activities like "spraying" money at events, writing on notes, or using them in decorations. These decorative money arrangements have grown in popularity in Ghana and other African nations.
Those arrested are currently undergoing investigation by the police. Legal proceedings are expected, and the suspects could face penalties including fines or imprisonment, as decided by the court. Officials from the Bank of Ghana have emphasized that anyone facilitating or promoting these activities is also liable for arrest and prosecution, stressing the need to treat the Ghana cedi with dignity and respect.
