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ejecting Ghana cedi coins could lead to arrest, prosecution — Bank of Ghana warns
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The Bank of Ghana (BoG) has warned that traders, transport operators, businesses and individuals who refuse to accept Ghana cedi coins as payment for goods and services could face arrest, prosecution, fines or imprisonment.
In a public notice issued on Wednesday, July 22, 2026, the central bank expressed concern over the widespread refusal to accept 1 pesewa, 5 pesewa, 10 pesewa, 20 pesewa and 50 pesewa coins, as well as the GH¢1 and GH¢2 coins.
It explained that all coins issued by the Bank of Ghana remain legal tender and must be accepted for transactions across the country.
According to the BoG, none of the coins has been withdrawn from circulation or demonetised, and no trader, transport operator, business or individual has the right to reject them because they consider them inconvenient or of low value.
The bank cited the Bank of Ghana Act, 2002 (Act 612), as amended, and the Currency Act, 1964 (Act 242), as the laws governing the use of the country’s currency.
It noted that under the Currency Act, refusing to sell goods or provide services simply because a customer is paying with legal tender coins or banknotes is a criminal offence, unless the currency has been withdrawn from circulation.
The BoG stated that anyone convicted of the offence could face up to three years’ imprisonment, a fine, or both.
It added that people who encourage or instruct others to reject coins, including business owners who direct their employees to do so, are equally liable under the law.
The bank further indicated that a person caught committing the offence may be arrested without a warrant.
To ensure compliance, the BoG said it would work with the Ghana Police Service and other law enforcement agencies to enforce the law against offenders.
It encouraged members of the public to report cases of coin rejection to the nearest Bank of Ghana office, the Ghana Police Service or through the bank’s official communication channels.
The central bank called on individuals, businesses and institutions to accept and handle Ghana’s currency responsibly in all its denominations, saying this would help uphold confidence in the country’s legal tender.
By: Jacob Aggrey
Lawyers for former NAFCO Chief Executive Officer, Hanan Abdul-Wahab Aludiba, say they will file an appeal despite a High Court directive for the Attorney General to amend two counts of defrauding by false pretences in the ongoing case.
The court on Wednesday ordered the AG to amend the two charges in the case involving the former NAFCO CEO and co-accused, Faiza Seidu Wuni.
Reacting to the ruling, counsel for Hanan Aludiba, Godfred Yeboah Dame, expressed dissatisfaction with the decision.
“Even though they’ve been ordered to amend some of the charges, we’ll still file an appeal. I think the decision was not so sound,” he said.
The case is part of ongoing prosecutions linked to alleged financial irregularities at the National Food Buffer Stock Company (NAFCO).
The High Court’s directive means the prosecution will have to revise aspects of the charge sheet before the trial proceeds further.
Background
Counsel for former NAFCO CEO Hanan Abdul-Wahab Aludiba, led by Godfred Yeboah Dame, filed an application seeking to have the charges against their client dismissed.
They contend the charges are fundamentally flawed and violate his right to a fair trial.
The State, represented by Deputy Attorney General Dr. Justice Srem-Sai, opposed the application, maintaining that the charges are valid and that the accused ought to face trial.
Lawyers for Hanan’s wife, Faiza Seidu Wuni, led by Augustine Obour, who would also benefit if the application succeeded, yielded their time to the lead counsel for the first accused.
By Edem Mensah-Tsotorme
News
High Court rejects dismissal request in NAFCO Case, orders prosecution to amend 2 of 16 Charges Against former CEO
The High Court has declined a request by lead counsel for former National Food Buffer Stock Company (NAFCO) Chief Executive Officer, Hanan Abdul-Wahab Aludiba, to dismiss charges against him, but has directed the Attorney General to amend two of the 16 counts filed against him.
Presiding Judge, Justice Francis Apangabonu Achibonga, a Justice of the Court of Appeal sitting with additional responsibility as a High Court judge, ruled today that while the prosecution must revise Counts 9 and 14, the trial will proceed on all charges.
This means the trial of the couple will continue on a combined 20 counts.
Hanan Abdul-Wahab Aludiba is facing 16 counts, while his wife, Faiza Seidu Wuni, is facing 4 counts. Both pleaded not guilty on May 18, 2026 and are currently on bail.
Godfred Yeboah Dame, former Attorney General and lead counsel for the first accused, had argued for the dismissal of the charges. Reacting after the ruling, he said the decision was not sound and indicated plans to file an appeal.
“Even though they’ve been ordered to amend some of the charges, we’ll still file an appeal. I think the decision was not so sound,” he stated.
Augustines Obuor is lead counsel for the second accused, Faiza Seidu Wuni, whiles the Republic was represented by Dr. Justice Srem-Sai, Deputy Attorney General.
The case relates to alleged financial irregularities at NAFCO and is being closely watched as part of government’s efforts to hold public officials accountable.
The court has directed the prosecution to effect the amendments to Counts 9 and 14 before the trial proceeds further.
By Edem Mensah-Tsotorme
