Sixteen people, including Ghanaian and foreign nationals, have been arrested following a series of intelligence-led operations targeting suspected counterfeit currency networks in the Greater Accra Region and surrounding areas.
The operations, conducted between June 12 and July 24, 2026, were carried out by the National Security Council Secretariat (NSCS) following investigations into the production, possession and distribution of fake local and foreign currencies.
According to the NSCS, the operations resulted in the seizure of four currency-printing machines, six vehicles and two motorcycles allegedly linked to the activities of the suspected syndicates.
Security personnel also recovered counterfeit notes amounting to US$543,000, GH¢196,600 and CFA60,000 that were allegedly prepared for circulation.
Authorities further seized counterfeit currency materials reportedly awaiting processing, including US$5.29 million, GH¢19.55 million and CFA623.55 million in various denominations.
The NSCS said its investigations uncovered networks involving printing operators, cross-border facilitators and dispatch riders who allegedly transported counterfeit currency to prospective buyers.
In one operation involving a suspected transnational network, seven people were arrested, while another operation in Amuzu, near Kasoa, led to the seizure of a printing machine, fake gold bars and other materials.
Further arrests were made in Lashibi, Klagon and Lakeside Estate, where investigators reportedly discovered printing equipment, storage facilities and large quantities of counterfeit currency.
The NSCS said all 16 suspects have been remanded into state custody, with case dockets submitted to the Office of the Attorney-General and Ministry of Justice.
Prosecution proceedings are ongoing at the Accra High Court, while investigations continue to identify and apprehend other persons allegedly connected to the networks.
