News
Police arrest 41 in joint operation against illegal forex trade
- /home/u249204778/domains/spectator.com.gh/public_html/wp-content/plugins/mvp-social-buttons/mvp-social-buttons.php on line 27
https://spectator.com.gh/wp-content/uploads/2025/12/WhatsApp-Image-2025-12-12-at-10.58.34.jpeg&description=Police arrest 41 in joint operation against illegal forex trade', 'pinterestShare', 'width=750,height=350'); return false;" title="Pin This Post">
- Share
- Tweet /home/u249204778/domains/spectator.com.gh/public_html/wp-content/plugins/mvp-social-buttons/mvp-social-buttons.php on line 72
https://spectator.com.gh/wp-content/uploads/2025/12/WhatsApp-Image-2025-12-12-at-10.58.34.jpeg&description=Police arrest 41 in joint operation against illegal forex trade', 'pinterestShare', 'width=750,height=350'); return false;" title="Pin This Post">
The Criminal Investigation Department of the Ghana Police Service has arrested 41 people in a joint operation with the Bank of Ghana to clamp down on illegal foreign exchange trading in parts of Accra.
The suspects, made up of Ghanaians, Togolese, Beninese and Nigeriens, were picked up on 9 December 2025 during operations at Tudu, Kwame Nkrumah Circle, Airport and Osu.
Police recovered more than GHS 1.2 million, CFA 100,000, over NGN 3.3 million including amounts on an electronic money point machine and USD 5,105.
The Police noted that this is part of an ongoing nationwide crackdown on illegal forex trading, which began in August 2025. So far, 90 suspects have been arrested across the country.
Thirteen have already been charged and put before the Accra Circuit Court, while investigations continue into the remaining cases.
A similar operation carried out on 20 November at Osu Oxford Street and Kwame Nkrumah Circle also led to the arrest of 28 people.
They were granted police inquiry bail as investigations continue. Various amounts of Ghana cedis and foreign currencies were seized during that exercise.
The Police said all recovered cash has been secured and sent to the Bank of Ghana for safekeeping.
They reminded the public to conduct foreign exchange transactions only through licensed banks and authorized institutions, warning that offenders will be arrested and prosecuted.
The Service expressed appreciation to the Bank of Ghana for its continuous support in efforts to eliminate illegal forex activities.
By: Jacob Aggrey
Over 20 structures built within the 50-metre buffer zone of the Kpeshie Lagoon at the Laboma Beach Resort in the La Dade-Kotopon Municipality were on Sunday demolished by the Greater Accra Regional Coordinating Council (GARCC).
Buildings such as single-unit semi-detached under construction and completed chalets at the resort were pulled down while portions of a newly constructed perimeter wall were also demolished. Read More
SKIP THE QUEUE, TAP THE NEWS
You can now read the Ghanaian Times and The Spectator newspapers from the comfort of your device via TimesNewsPlus.
Join our WhatsApp Channel: https://whatsapp.com/channel/0029VbBElzjInlqHhl1aTU27
About 120 golfers from clubs across Ghana participated in an 18-hole competition, dubbed ‘MTN 30th Anniversary CEO Invitational Golf Tournament’ held at the Achimota Golf Club on Saturday.
At the end of the hectic day, Frederick Semenu Duvor won the Men’s Group A event with 39 points, while Julienne Afi claimed the Ladies’ Group A title with the same score.
Yaw Mireku Jnr. won the Men’s Group B with an impressive 45 points, while Kous Louanges Mang took the Ladies’ Group B title with 38 points.
Kofi Mangesi won Men’s Group C with 40 points while Elorm R. Akuash Bonney claimed the Ladies’ version with 42 points.
In the Seniors Division, Jan Vogel emerged winner of the men’s category with 39 gross, while Helen Appah topped the ladies’ category with 44 gross.
Addressing participants, the company’s Board Chairman, Mr Ishmael Yamson, urged the company to approach its next phase with the same resilience, discipline and determination that have defined its success over the past three decades.
He drew a striking parallel between the game of golf and MTN Ghana’s three-decade journey, describing both as long games in which success depends less on one spectacular moment than on consistency, patience, judgment and the ability to recover from setbacks.
He said, golf had taught him a lesson that extended far beyond the fairways, thus, a round cannot be won on the first hole.
In golfing terms, he said, MTN Ghana had encountered its share of regulatory bunkers, competitive hazards and unexpected storms that had forced the company to pause, reassess and change its approach.
But those challenges, he suggested, were part of the journey rather than reasons to abandon it.
By Andrew Nortey
SKIP THE QUEUE, TAP THE NEWS
You can now read the Ghanaian Times and The Spectator newspapers from the comfort of your device via TimesNewsPlus.
Join our WhatsApp Channel: https://whatsapp.com/channel/0029VbBElzjInlqHhl1aTU27
Entertainment1 week agoFiifi Coleman Productions adapt ‘I Told You So’ stage play into feature film
- News7 days ago
48 Engineer Regiment to be major sub-contractor on Accra-Kumasi Expressway, $2bn ready- Prez Mahama
- Entertainment6 days ago
Rhythms On Da Runway returns November 28 with 16th edition themed ‘Unbound’
