Police Arrest 41 in Joint Crackdown on Illegal Forex Trading
The Ghana Police Service, in collaboration with the Bank of Ghana (BoG), has arrested forty-one (41) suspects in a coordinated operation targeting illegal foreign exchange trading across parts of Accra.
The operation, conducted on December 9, 2025, by the Operations Unit of the Criminal Investigation Department (CID), covered major trading hubs including Tudu, Kwame Nkrumah Circle, Airport, and Osu. Those arrested include Ghanaians as well as nationals from Togo, Benin, and Niger.
During the exercise, police retrieved large sums of both local and foreign currencies. The cash recovered included GHS 1,266,770, CFA 100,000, NGN 3,383,570—with NGN 1,266,770 traced to an electronic money point machine (e-cash)—and USD 5,105.
This latest operation follows a similar enforcement exercise ...