Audio By Carbonatix
The Bank of Ghana (BoG) has warned the public against the misuse, abuse and illegal handling of Ghana cedi notes and coins, cautioning that offenders could face arrest, prosecution, fines or imprisonment.
The warning follows growing concerns about practices such as spraying money at events, scattering notes on the ground, stepping or dancing on currency, and using banknotes to create money bouquets, jewellery and other decorations.
In a notice, the central bank said such practices undermine the quality, integrity, functionality and image of the national currency.
The BoG specifically noted that the growing practice of creating money bouquets for weddings, birthdays, graduations and similar occasions constitutes improper use of the currency and is a violation of the law.
It said other prohibited acts include tearing, crumpling, staining, soiling, writing on, cutting or otherwise defacing banknotes and coins. The Bank also warned against using images of Ghanaian banknotes or coins without its permission and buying or selling coins for amounts exceeding their face value.
According to the central bank, currency notes and coins are intended exclusively to serve as legal tender and should not be tampered with, mutilated or defaced.
The Bank said it spends substantial resources on printing and minting currency and called on the public to help preserve the integrity and functionality of the Ghana cedi.
The BoG further disclosed that it has initiated measures, in collaboration with state law enforcement agencies, to deal decisively with persons found engaging in prohibited acts.
Law enforcement agencies, it said, will monitor the use of currency notes and coins and take appropriate action, including the arrest and prosecution of individuals who misuse, abuse or improperly handle money.
“The public is strongly advised to desist from all forms of currency misuse,” the Bank said, urging individuals, businesses and institutions to handle the national currency responsibly and report any breaches to the appropriate authorities.
E
s
h
u
Latest Stories
-
Ayariga calls for stronger church partnership to tackle sanitation, environmental challenges
2 minutes -
I don’t think we have an industry – Patchbay Band manager
29 minutes -
Patchbay Band questions recognition of live bands in Ghana’s music industry
29 minutes -
Newsfile to discuss SOEs’ GH¢19.8bn profit, dissolution of 9 boards, CJ’s visits to SOEs, GH¢70k gift rejection
38 minutes -
BoG warns against spraying, defacing and using cedi notes for decorations
41 minutes -
Adwumawura: Selected applicants to receive notifications from today – NEIP CEO
45 minutes -
‘Fake memo’ fabricated to smear me – Patricia Appiagyei
59 minutes -
ATLF206: Culture, investment and tourism take centre stage as Africa’s tourism leaders gather in Polokwane
2 hours -
TI-Ghana and GACC demand full disclosure over alleged GH¢70,000 Appointments Committee payment
2 hours -
UN approves resolution in support of map that shows Africa’s true size
2 hours -
Spring Agro Industries urges Ghanaians to choose local rice as imports dominate market
2 hours -
Youths in Oti push for stronger policies on SRHR and gender-based violence
2 hours -
Rev Samuel Anthony Kofi Dunya calls for stronger action against child labour and trafficking
2 hours -
Where the bins are missing: How poor waste management is affecting Ghanaian communities
2 hours -
Joy FM Back-to-School Fair 2026 draws shoppers as Day One winds down
2 hours