Ghana Arrests Seven Over Banknote 'Money Bouquets'
Authorities warn the practice of using national currency in decorative arrangements is illegal and disrespects the cedi.
Seven individuals have been arrested in Ghana for allegedly creating and selling "money bouquets" and decorating cakes with the nation's currency. The Bank of Ghana has declared the practice illegal, stating it constitutes misuse and improper handling of the cedi.
The arrests, conducted by police in the capital, Accra, followed intelligence that led to a sweep targeting the suspects, all women accused of distributing the bouquets. This action represents a significant enforcement of laws against currency misuse, coming after the central bank issued a warning in July about potential offenses related to the practice.
The Bank of Ghana's notice cautioned against "acts that tend to depreciate or impair the national currency, including any conduct that undermines its lawful value or use." Banknote bouquets and currency-decorated cakes are often given as gifts for various celebrations, including weddings, birthdays, and graduations.
Authorities have initiated investigations, and the suspects are expected to face prosecution. Potential penalties include fines or imprisonment, to be determined by the court. Dinah Bonzi, an official from the Bank of Ghana's currency department, emphasized that anyone assisting or promoting such activities could also face legal consequences.
"The Ghana cedi is legal tender… and must be treated with respect. The misuse or abuse of the currency is an offence and may attract sanctions under the law," Bonzi stated. "Today's arrest should serve as a clear warning to the public. Let us all handle the Ghana cedi with dignity."
The central bank has previously issued warnings against other forms of currency misuse, such as "spraying" money at events, writing on notes, or altering them. The use of money in decorations has reportedly become more prevalent in Ghana in recent years and has also been observed in other African nations. Authorities in Kenya, Nigeria, South Africa, and Botswana have similarly issued warnings against the misuse of their national currencies.