National Security arrests 16 and seizes millions in counterfeit currency and printing equipment

The National Security Council Secretariat (NSCS) has dismantled major counterfeit currency networks in a series of operations conducted across the Greater Accra Region. Working with security and intelligence agencies, the NSCS carried out six coordinated raids between June 12 and July 24, 2024, targeting networks involved in large-scale printing, possession, and distribution of counterfeit Ghanaian and foreign currencies.

According to MyJoyOnline Ghana, the operations resulted in the seizure of counterfeit currency printing equipment, vehicles, motorcycles, and large quantities of finished counterfeit notes and unprocessed currency coupons. The seized items include four counterfeit currency printing machines, six vehicles, and two motorcycles. The NSCS also seized $543,000, GH¢196,600, and CFA 60,000 in finished counterfeit notes, as well as $5,293,500, GH¢19,553,700, and CFA 623,550,000 in unprocessed coupons.

Starr FM reports that 16 suspects were arrested in the nationwide crackdown on criminal syndicates. The NSCS said the arrested suspects, together with physical and digital exhibits, have been transferred to the Bureau of National Intelligence (BNI) for forensic examination.

Brief written by urgent.news from Starr FM, MyJoyOnline Ghana — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.