BoG denies criminal links to currency boxes, demands swift and thoroughly investigations

In response to recent reports suggesting the misuse of its currency transport boxes for unauthorized and potentially criminal purposes, the Bank of Ghana (BoG) has issued a firm disclaimer.

“These boxes are robust, reusable, and well-suited to withstand wear and tear associated with logistics,” the central bank explained in a statement titled “Use and Misuse of Bank of Ghana Currency Transport Boxes.”

The Bank clarified that while commercial banks often return the boxes empty or repurpose them for other uses, it is aware that “some members of the public have repurposed them for domestic and commercial uses, including storage and transport.”

However, it drew a sharp distinction between legitimate reuse and illicit activity. “The BOG cannot be associated with any misuse of these boxes for criminal or unauthorized activities,” it stated.

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“Reports have emerged indicating that certain individuals are using these boxes to implicate the Bank or undermine public trust in its operations,” the BoG warned, stressing that “misuse of such boxes for criminal activities must be thoroughly investigated… and all persons found culpable prosecuted.”

The statement also cautioned that in an era where visual association can lead to damaging assumptions, it is vital for the public to recognize that “a reused currency box does not carry the authority or endorsement of the nation’s central bank.”

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