HomeLocal NewsMoney Bouquets, Cash Spraying and Dancing on Currency Declared Unlawful – BoG...

Money Bouquets, Cash Spraying and Dancing on Currency Declared Unlawful – BoG warns

The Bank of Ghana (BoG) has cautioned the public against the improper handling of Ghana cedi notes and coins, warning that offenders risk arrest and prosecution. The central bank stated that individuals who abuse or deface the national currency could face penalties, including fines or imprisonment.

The warning follows increasing practices such as spraying money at social events, throwing banknotes on the ground, stepping or dancing on them, and using currency to create bouquets, jewellery, and other decorative items. In a public notice, the BoG stressed that such acts undermine the quality, functionality, and dignity of Ghana’s currency.

It particularly described the use of banknotes to make money bouquets for weddings, birthdays, graduations, and other celebrations as improper and unlawful. The Bank also reminded the public that tearing, crumpling, staining, soiling, writing on, cutting, or otherwise damaging banknotes and coins constitutes an offence.

The Bank of Ghana (BoG) has cautioned against additional prohibited practices, including the unauthorised use of images of Ghanaian currency and trading coins above their face value. The central bank emphasised that Ghana’s notes and coins are issued solely as legal tender and must be handled in ways that preserve their quality and usability.

It noted that significant resources are invested in producing and maintaining the nation’s currency and urged the public to safeguard its integrity. The Bank further disclosed that it is collaborating with law enforcement agencies to intensify monitoring and take action against individuals engaged in unlawful currency‑related activities.

Accordingly, the BoG has called on individuals, businesses, and institutions to handle Ghana cedi notes and coins responsibly and to report suspected violations to the appropriate authorities.

Benjamin Mensah
Benjamin Mensahhttps://freshnewsgh.com
Benjamin Mensah [Freshhope] is a young man, very passionate about the youth of this Generation. Very friendly, reliable and very passionate about the things of God and all that I do. The mission is to inform, educate and entertain. Feel free to send your whatsapp messages to +233266550849 and call on +233242645676
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