Audio By Carbonatix
The President of the Ghana Association of Banks, John Awuah, has announced that banks have totally rested the light-skinned vehicles serving as bullion vans.
According to him, the process was a little delayed, and it took several months before they were finally cleared.
“It is good to report that now the process has been streamlined. So, we have the vans, and as I speak with you, the soft-skinned vans have been rested and we are using the armoured bullion vans,” he stated.
This comes after the killing of another police officer in June at Ablekuma in Accra, while he was escorting a vehicle sent to collect cash from a fuel station.
The modification comes in response to the Bank of Ghana’s recommendations following an increase in robbery attacks and the killing of police officers.
Banks, in collaboration with Armoured Bullion Operators, purchased around 154 vehicles to help with cash movement.
The trucks are heavily armored to protect the occupants of the vehicle.
President of the Armoured Bullion Operators, Alhaji Idi Sumaila previously stated that the vehicles had been approved by the Interior Ministry and the Police.
According to the President of the Ghana Association of Banks, the banks are also working on other solutions to phase down the vehicle cash-transfer system.
This, Mr Awuah noted is because “we don’t a situation where you have armoured vehicles running down the street as though you are in a certain kind of clerical environment.”
He added “we want to operate in a manner where we can safely use few vans. Vans can also begin sharing cash within locations. If we plan our locations well, it is possible to achieve that.”
Latest Stories
-
Inter beat Parma to clinch Serie A title
9 minutes -
Kumasi Ridge faces temporary outages as ECG begins transformer upgrade from May 6th to 9th
10 minutes -
Concern for jailed Iranian Nobel laureate Narges Mohammadi as brother fears she is dying
10 minutes -
Kenya battles to stop the ‘goons and guns’ as fears of political violence grow
20 minutes -
Two US service members reported missing in Morocco, officials say
20 minutes -
Shakira thrills a crowd of 2 million with free concert on Brazil’s Copacabana beach
23 minutes -
Police officer lowered into crocodile-infested river to recover human remains
29 minutes -
Musk’s AI told me people were coming to kill me. I grabbed a hammer and prepared for war
33 minutes -
Barca eye historic El Clásico truimph after Real Madrid win
38 minutes -
Slot’s VAR fury but loss highlights Liverpool issues
49 minutes -
Eddie Howe set to stay in charge of Newcastle after summit
1 hour -
Beijing 2027: Ghana Athletics vows to solve concerns raised by 4x100m relay team after qualification
1 hour -
Barcelona beat Bayern to reach Women’s Champions League final
1 hour -
Blue Skies urges media to highlight responsible businesses on World Press Freedom Day
1 hour -
Sinner wins in Madrid to set Masters title record
1 hour