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Seven arrested in Ghana over 'money bouquets' and currency misuse

Ghanaian authorities have arrested seven individuals for allegedly using banknotes to create "money bouquets" and decorate cakes, a practice deemed illegal by the Bank of Ghana.

  • Seven people have been arrested in Accra for allegedly using Ghanaian banknotes to make 'money bouquets' and decorate cakes.
  • The Bank of Ghana considers this practice illegal, classifying it as misuse and improper handling of the national currency, the cedi.
  • Those arrested, all women, are accused of selling these bouquets and could face fines or jail terms if prosecuted.

Ghanaian authorities have arrested seven people in Accra for allegedly using banknotes to create "money bouquets" and decorate cakes. The Bank of Ghana has stated that this practice is illegal and constitutes misuse and improper handling of the cedi, the national currency.

The arrests, conducted in collaboration with the police, followed a tip-off. All those apprehended are women accused of selling the bouquets in various parts of the capital. This action represents the largest enforcement of the law against currency misuse, following a warning issued by the bank in July.

The Bank of Ghana has previously warned against activities that could depreciate or impair the national currency, including "spraying" money at events, altering notes, and using them in decorations. Investigations have been launched, and authorities indicate the suspects will be prosecuted, potentially facing a fine or jail term.

Why this matters: The arrests highlight Ghana's efforts to curb the misuse and abuse of its national currency, a practice that has become more common in Ghana and other African countries.

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