Sixteen people both Ghanaian and foreign nationals were arrested after a series of intelligence-led operations that dismantled sophisticated counterfeit-currency networks across the Greater Accra Region and neighbouring districts.

According to a statement signed on Tuesday, September 22, 2026, by the National Security Council Secretariat (NSCS), the arrests followed six precision raids conducted between June 12 and July 24, 2026, after months of covert surveillance. Investigators seized four printing machines, six vehicles, two motorcycles and large quantities of fake notes and printing materials.

Authorities recovered counterfeit notes ready for circulation valued at $543,000, GH¢196,600 and CFA60,000. They also confiscated coupon sheets and printing templates with estimated face values of about $5.29 million, GH¢19.55 million and CFA623.55 million awaiting production.

In one operation targeting a transnational cell, seven suspects, three Ghanaians and four foreign nationals were detained and three vehicles plus $65,900 in fake notes seized. Other raids netted a printing press and fake gold bars in Amuzu, Kasoa; printing equipment and storage facilities in Lashibi and Klagon; and five boxes of counterfeit GH¢200 notes at Lakeside Estate with an estimated face value of GH¢12.42 million, along with two motorcycles.

The NSCS said the syndicates ran organised, multi-layered operations involving technical printers, cross-border facilitators and delivery riders, and sometimes concealed activities in religious and administrative premises.

All 16 suspects have been remanded and dockets submitted to the Office of the Attorney‑General and Minister for Justice, with prosecutions underway at the Accra High Court.

Prosecutors are also seeking forfeiture of vehicles, printing machines and mobile phones linked to the crimes.

The NSCS urged banks, property owners and religious institutions to report any suspicious large-scale printing or unusual foreign-currency transactions to security agencies.