Audio By Carbonatix
Financial institutions in the country have not been able to meet the deadline set by the Inspector General of Police (IGP), James Oppong-Boanuh for them to use fortified bullion vans in transporting cash.
The directive was expected to take effect today, Thursday, July 1, as the IGP indicated a deadline of June 30, 2021, following the Jamestown Bullion Van attack that resulted in the death of a policeman and a bystander.
But, the Director-General of the Criminal Investigations Department of the Police, COP Ken Yeboah, speaking to JoyNews said the banks have indicated that they cannot meet the deadline.
“We’ve met the governor with his team recently, and the issue was that the timing was too close to the extent that they would not be able to import amoured vehicles within this two or three weeks,” he said.
“Meanwhile IGP has already written to them as far back as last year, but they were pleading for time enable them to import.”
He, however, stated that, “we have also beefed up security that this time, not one will be in a bullion van, so something is being done but I’m sure on the issue of the deadline, may be, we will not be able to meet it but something is being done by the banks.”
Meanwhile, the Director-General in charge of operations at the Ghana Police Service, ACP Arhin Annor said the Service will implement some measures to safeguard bullion vans effective Thursday.
“We’ve asked our commanders to escort the bullion vans instead of sitting in the bullion vans.”
According to him, “the personnel should not be less than three and they also have to put on their body amour and then the helmet so that is the directive that has been given by the Chief of Police.”
The IGP on the heels of the Jamestown attack, met the Association of Bankers and issued a new deadline to them although an earlier directive from the Bank of Ghana specified July 2023.
“From now, 30th of this month (June), any bank or company that does not have a bulletproof bullion van, we are not going to provide the assistance for that company,” the IGP had said at the family residence of Constable Emmanuel Osei, when he went to commiserate with them.
Latest Stories
-
Africa’s colonial ecological debt could exceed hundreds of trillions of dollars – Report
3 minutes -
Ibrahim Sulemana joins Sassuolo on loan from Atalanta
7 minutes -
Former UK Prime Minister Keir Starmer to stand down as MP to focus on world affairs
13 minutes -
Built to Last, Left to Rot: Ghana’s maintenance crisis
19 minutes -
Number of debit cards issued by banks decreased by 11.8% to 5.7m in 2025
40 minutes -
Total mobile money transaction values grew by 50.8% to GH¢4.54trn in 2025
43 minutes -
Private aggregators, not state, will bear local refining costs – GoldBod
44 minutes -
Ablakwa urges African leaders to adopt new leadership paradigm to create opportunities for youth
50 minutes -
Photos: Mahama holds talks with Serbian President in Belgrade
59 minutes -
Local gold refining good for economy but costs must be controlled – Economist
60 minutes -
Keir Starmer announces he is standing down as MP
1 hour -
One still missing after Grand Canyon floods kill two and prompts rescue efforts
1 hour -
Mahama Ayariga calls for major overhaul of Ghana’s waste management system
1 hour -
GoldBod programme contributed just 1.3% to reserves increase – Amin Adam
1 hour -
Drive to Inspire–Africa equips UESD students with skills for future careers
1 hour