Bank Of Ghana – Helicopters To Be Used To Circulate Cash To Prevent Bullion Van Attacks

Dr Ernest Addison, Governor of the Bank of Ghana, has told journalists that the Vice Air Marshal will support the central bank to use helicopters to transport cash to banks in and around the country.

He said this is as a result of the recent attacks by criminals on bullion vans in the country. Due to this, the central bank has put in place this strategy to deal with the menace accordingly.

He added that there was a recent attack on a bullion van in Kumasi in the Ashanti Region. And this is the third time it is occurring.  He added that, securities met with the banks  to decide on the way  forward and how they can collaborate with the banks to have a more secure way  of transporting money  around the country.

The Governor reiterated that he has also met with the Air Vice Marshall, who has offered  to assist the bank with lifting of  currency around  the country using  some of the aircraft available.

He also  announced that the Monetary Policy Committee  has been able to maintain the policy rate at 14.5 per cent.

This event took place on Monday, September 28.

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