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Police arrest 41 in joint operation against illegal forex trade
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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
Minister for Education Haruna Iddrisu has questioned why Ghana continues to import toothpicks despite having the resources to produce them locally.
Speaking in Parliament, Mr. Iddrisu, who previously served as Minister for Trade and Industry, said he feels ashamed that the country still depends on imports for such a basic product.
“I have been Minister for Trade and Industry before and I carry the shame. How come that in Ghana we cannot produce toothpicks and we have to import them?” he asked.
According to him, Ghana has enough resources to support local businesses to manufacture products such as toothpicks instead of relying on imports. He said the country should encourage private sector investment in manufacturing to create jobs and reduce dependence on foreign goods.
Mr. Iddrisu alleged that some people who received government support under private sector initiatives failed to use the funds for their intended purpose.
“If you want, Honorable Kojo, because you… I can’t go there. There are people who took money in the name of the private sector and said they were going to farm. That money never went to their farms. You know that,” he told Parliament.
On job creation, the Education Minister said he agreed with the views expressed by a colleague on the need to create more employment opportunities. However, he argued that the One District, One Factory (1D1F) programme did not provide the solution to Ghana’s employment challenges.
Mr. Iddrisu made the remarks during parliamentary proceedings while contributing to discussions on job creation and the country’s industrial development.
By: Jacob Aggrey
New Patriotic Party (NPP) communications officer, Dennis Miracles Aboagye, has dismissed reports linking him to an alleged GH¢55 million case, insisting that no such issue was raised during his detention by the Economic and Organised Crime Office (EOCO).
In a Facebook post after his release from EOCO custody, Mr Aboagye stated that at no point during his detention was he questioned about any GH¢55 million.
“For the records: There was no discussion of any GH¢55 million with me by EOCO. None,” he wrote.
According to him, he was detained for four days, a day after announcing his intention to contest for the position of National Communications Director of the New Patriotic Party.
Mr Aboagye alleged that false narratives were circulated about his arrest but expressed confidence that the truth would eventually prevail.
He thanked NPP supporters who demonstrated and called for his release, saying news of the protests reached him while he was in detention and encouraged him.
Mr Aboagye indicated that the support shown by party faithful strengthened his resolve and reaffirmed his commitment to serve the NPP.
He maintained that his detention had not discouraged him from pursuing his political ambition.
“If the intention was to break me, it has failed. If the intention was to scare me, it has failed spectacularly,” he stated.
Mr Aboagye expressed appreciation to his legal team, the leadership of the NPP and all supporters who stood by him throughout his detention.
He reiterated his determination to lead the party’s Communications Directorate, declaring that he remained “ready to win” and committed to what he described as the party’s mission to “command the narrative.”
By: Jacob Aggrey
