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Bank of Ghana: Seven women arrested in Accra over cedi 'money bouquets'

Source

www.bbc.co.uk

Published Source updated (as of )

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A bouquet made from folded Ghanaian cedi banknotes, wrapped in bright red paper

Understand

Seven women arrested in Accra for using Ghana cedi banknotes in money bouquets

Overview

Ghanaian authorities have arrested seven women in Accra for allegedly misusing national currency by creating 'money bouquets' and decorating cakes with banknotes. The Bank of Ghana considers this practice illegal as it defaces and improperly handles the cedi, warning that offenders face prosecution, fines, or imprisonment.

Key points

  • Seven women were arrested in Accra in a joint operation by the police and the Bank of Ghana.
  • The suspects are accused of selling money bouquets and decorating cakes with Ghanaian banknotes.
  • The Bank of Ghana states that misusing, defacing, or altering the national currency is illegal.
  • The suspects face potential fines or jail terms pending court prosecution.
  • Similar warnings and crackdowns on currency misuse have occurred in other African nations including Kenya, Nigeria, South Africa, and Botswana.
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