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IGP meets with BoG over ways to minimise risks associated with cash movements

Accra,— Mr James Oppong-Boanuh, the Inspector-General of Police (IGP), has met with Dr Ernest Addison, the Governor of the Bank of Ghana (BoG), and other stakeholders to discuss ways to minimise risks associated with the movement of cash.

Accra,— Mr James Oppong-Boanuh, the Inspector-General of Police (IGP), has

met with Dr Ernest Addison, the Governor of the Bank of Ghana (BoG), and other stakeholders to discuss ways to minimise risks associated with the movement of cash.

The meeting also stressed the need for commercial banks to implement the use of standardised equipment for Cash in Transit (CIT) services by June 30, 2021.

That would include services outsourced by the banks to any company that performed CIT duties.

This was in a statement signed by Superintendent Mrs Sheilla Kessie Abayie-Buckman, the Director of Public Affairs, Ghana Police Service, and copied to the Ghana News Agency.

It said other immediate, medium and long term measures for banks to operate in safe and secured environments were also discussed.

They included protective gear for Police officers on bank security duties, security background assessment of staff used for cash duties, and security of vaults and banking premises.

“The Police Administration, therefore, assures its officers and the public of its commitment to protect the lives of Police officers in the discharge of their constitutionally-mandated duty of maintaining law and order,” the statement said.

Other personalities at the meeting included Mrs Elsie Addo Awadzi, the Second Deputy Governor, BOG, Directors of the BoG, members of the Police Management Board, executives of the Ghana Association of Bankers and managing directors of banks in Ghana.

Source: Ghana News Agency

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