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BoG Cash Boxes Found in Sarpeiman Counterfeiting Operation

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1 week agoon
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M N RidwanIn a shocking revelation that has sent ripples through the country’s financial system, National Security officials have discovered official Bank of Ghana (BoG) cash boxes in connection with an elaborate counterfeiting ring in Sarpeiman, a suburb in the Ga West Municipality of the Greater Accra Region.
This discovery has raised alarms about the possible breach of Ghana’s financial security and the involvement of insiders in criminal activities.
The operation was first uncovered in February when authorities, acting on a tip-off, raided a seemingly innocent battery-charging shop located in an abandoned building.
What they found, however, was far from ordinary. Inside the premises, investigators discovered ten 40-foot containers filled with counterfeit Ghanaian cedis, US dollars, and gold-plated bars.
The shop, managed by an elderly man who went by the name “Battery Doctor,” was nothing more than a front for a sophisticated operation that involved the mass production of fake currency and precious metals.
Richard Jakpa, the Director of Special Operations at the National Security Secretariat, confirmed that the BoG cash boxes recovered from the scene were authentic, adding an even more alarming layer to the discovery.
“These boxes are genuine Bank of Ghana property,” Jakpa revealed during an exclusive site inspection. “The question now is how they ended up in the hands of criminals.”
The scale of the operation has stunned authorities, with two additional containers believed to have been moved just days before the raid.
The counterfeit notes and gold bars were skillfully crafted, suggesting the involvement of highly skilled forgers and a well-organized criminal syndicate. Investigations have since pointed to a man known only as “Alhaji,” who is believed to be the mastermind behind the operation.
Jakpa stated that solid evidence ties Alhaji to the Sarpeiman crime scene, suggesting he is a key figure in a larger network involved in financial crimes. Authorities are now working tirelessly to track him down and bring him to justice, as the investigation continues to unravel the extent of the syndicate’s operations.
The discovery has sparked a public outcry, with many questioning the security measures in place to protect Ghana’s financial assets.