OSP Disrupts Counterfeit Foreign Currency Manufacturing Network2 min read

The Office of the Special Prosecutor (OSP) has disrupted a syndicate involved in the production of substantial amount of counterfeited foreign currency in Ghana.

According to the OSP, seizures were made in two warehouses located in Accra and Tema, where a substantial amount of counterfeited US$40 million was discovered concealed in steel trunks.

This is contained in a terse slide update released on Friday (15 December) on the activities of the Special Prosecutor Kissi Agyebeng since assuming office in 2021.

Functions of the OSP

The functions entrusted to the Office are:

(a) the investigation and prosecution of cases of alleged or suspected corruption and corruption-related offences under the Public Procurement Act 2003 (Act 663);

(b) the investigation and prosecution of cases of alleged corruption and corruption-related offences under the Criminal Offences Act 1960 (Act 29) involving public officers, politically exposed persons and persons in the private sector involved in the commission of the offence;

(d) recover and manage the proceeds of corruption;

(e) disseminate information gathered in the course of investigation to competent authorities and other persons the Office considers appropriate in connection with the offences specified in paragraphs (a) and (b);

(f) co-operate and coordinate with competent authorities and other relevant local and international agencies in furtherance of the act; and

Reporting by Fred Dzakpata in Accra