National Security Arrests 13 Black Market Operators in Osu and Tudu

In a bid to stop further depreciation of the cedis and regulate forex trading, a joint national security task force comprising personnel from the Ghana Police Service, the National Intelligence Bureau, and the National Fusion Center of the Ministry of National Security, on 26th of July, 2024, conducted operations targeted at persons engaged in the illegal exchange of foreign currencies.

The operations, which were conducted around Osu and Tudu, resulted in the arrest of 13 offenders and the retrieval of various sums of money.

Amounts retrieved include:- USD17,840- CUSD1,450- Naira515,000- CFA1,167,000.
Additionally, GHC419,685, €230, and 50 Egyptian pounds were also retrieved.

The suspects and all exhibits have since been handed over to the police for investigation and prosecution.

It is worthy of note that this operation will be conducted across the country in the coming days and is expected to help the Bank of Ghana regulate forex trading in the country