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

by | Oct 6, 2026 | Top Stories

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

Law enforcement in Ghana has apprehended seven women suspected of manufacturing and selling floral-like arrangements made from banknotes in the capital, Accra. The arrests were conducted by police working with the Bank of Ghana following information received about the illicit activity. Officials say the practice violates regulations governing the proper handling and use of the Ghana cedi.

The central bank classifies the creation of money bouquets as illegal misuse of the national currency. Such arrangements are commonly ordered as gifts for celebrations including weddings, birthday parties, and graduations. The Bank of Ghana had previously issued guidance in July warning that activities degrading or impairing the currency’s value or lawful use could constitute offenses.

According to Dinah Bonzi, a representative from the Bank of Ghana’s currency department, those who assist or encourage such practices face potential legal consequences. The suspects are expected to face prosecution, with penalties potentially including fines or imprisonment as determined by the courts. Officials stated that today’s enforcement action should serve as a caution to the public regarding proper treatment of the Ghana cedi.

The central bank has issued multiple cautions against related currency misuse activities, including money spraying at events, writing on notes, altering currency, and incorporating banknotes into decorations for celebrations. The use of currency decorations has expanded throughout Ghana and other African nations in recent years. Kenya, Nigeria, South Africa, and Botswana have similarly issued public warnings addressing misuse of their respective national currencies.

Article Attribution | Read More at Article Source

Article summary produced by Claude AI