Bank of Ghana to use Helicopters to transport cash due to recent attacks on Bullion Vans

Ghana Helicopter

The Bank of Ghana (BoG) has reached an agreement with the Ghana Air Force to use its fleet, comprising helicopters and aircraft, to airlift money for banks and other financial institutions across the country.

The Governor of the BoG, Dr Ernest Addison, said in Accra last Monday that the arrangement was part of efforts by the central bank to reduce the incidence of armed robbery on vehicles transporting money for financial institutions nationwide.

He said discussions were also underway for the BoG to make its fleet of bullion vans available to financial institutions for the purpose of circulating specie (cash).

The governor said the central bank’s bullion vans would replace the makeshift bullion vans that the banks and financial institutions used to move specie around the country.

Source: graphic.com.gh

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