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The National Security Council Secretariat (NSCS) has apprehended 16 suspects following the dismantling of an organised counterfeit currency syndicate network. This network was active throughout the Greater Accra Region.
The operation successfully disrupted four production facilities during a six-week intelligence-driven investigation.
Conducted from June 12 through July 24, 2026, the operation revealed complex printing and distribution systems. These systems were allegedly manufacturing and distributing substantial volumes of fraudulent domestic and international currencies.
According to a statement from the secretariat, security personnel recovered $543,000, GH¢196,600 and CFA60,000 in counterfeit currency notes prepared for distribution. Additionally, counterfeit coupons worth $5,293,500, GH¢19,553,700 and CFA623,550,000 remained in preliminary stages of processing and printing.
During coordinated search operations and interception activities at six sites across Greater Accra and neighbouring areas, authorities also confiscated four counterfeit currency printing machines. In addition, they seized six vehicles and two motorcycles, according to the statement.
The operation identified a network comprising printing technicians, cross-border operatives and delivery personnel. Furthermore, certain suspects reportedly utilised religious buildings, private residences and business locations as manufacturing and storage facilities.
Six operations
The initial operation in Amuzu, a Kasoa locality, on June 12 resulted in the detention of Nana Nyarko Derrick Dapaah.
From a residential property allegedly functioning as a traditional spiritual establishment, authorities retrieved a currency printing machine, counterfeit precious metal bars, five cellular devices, and fraudulent American dollars, Ghana cedis and CFA francs.
On June 19, six individuals—including three Ghanaians and four international suspects—were apprehended at Adjiringanor.
Three unregistered vehicles—specifically a Honda CR-V, Toyota Highlander, and Toyota Corolla—along with $65,900 in counterfeit currency were confiscated.
On June 29, law enforcement conducted searches at an office and a place of worship in Lashibi and Klagon. As a result, five individuals were arrested.
The operation also yielded a printing machine, two vehicles, and substantial quantities of counterfeit currency in multiple denominations—dollars, cedis, and CFA francs. Ghana news platform
Distribution network disrupted
An operation conducted near the Lakeside Shell Filling Station on July 9 resulted in the apprehension of Issah Ibrahim. However, a second suspect, Adamu Haruna, evaded capture.
During this intervention, authorities recovered five boxes of counterfeit GH¢200 notes valued at approximately GH¢12.42 million. In addition, they recovered two registered motorcycles.
On July 21, Solomon Acheampong was taken into custody at Nii Boi Town, while two suspected associates managed to escape.
Amankwah Bismark, identified by investigators as a principal suspect, remains fugitive.
The operation conducted in Achimota and Amasaman on July 24 resulted in the arrest of Osman Iddrisu. Authorities also recovered two printing machines.
Legal proceedings underway
According to the National Security Council Secretariat, all 16 apprehended individuals have been placed in state custody. In addition, case files have been forwarded to the Attorney-General’s Office and the Ministry of Justice.
Court proceedings are currently taking place at the Accra High Court, while investigative teams continue pursuing the remaining fugitives.
The authorities have called upon banks, property proprietors, and administrators of religious institutions to remain alert. They should report any suspicious large-scale printing operations or irregular foreign currency dealings to appropriate law enforcement agencies.