Dozens arrested in Ghana over illegal forex trade crackdown
Nigerian nationals are among 41 people arrested in Accra, Ghana, for alleged illegal foreign exchange trading. The operation, led by the Ghanaian Criminal Investigation Department, targeted multiple hotspots across the city. Authorities recovered large sums of cash in different currencies during the raids. The crackdown is part of ongoing efforts to regulate the forex market and enforce financial laws.
What happened
- 41 suspects, including Nigerians, Ghanaians, Togolese, and Beninois, were arrested in Accra on June 5, 2025.
- The operation was carried out by the Ghanaian CID in collaboration with the Bank of Ghana.
- Over GH¢1.2 million, 100,000 CFA francs, N3.3 million, and $5,105 were seized during the raids.
- The arrests took place in areas like Tudu, Circle, Airport, and Cantonments, according to COP Lydia Donkor.
- Since August 2025, a total of 90 suspects have been arrested in similar operations, with 13 already charged in court.
