Black market

8 Illegal Currency Traders Granted Bail
17 Nov

8 Illegal Currency Traders Granted Bail

wontumionlineBusiness,
Eight people have been granted GH¢100,000 bail with two sureties each by an Accra Circuit Court for allegedly engaging in illegal currency trade on the ‘black market’. One of the sureties must be justified by land documents or any property equivalent to GH¢100,000. The accused were also ordered to report to the police twice a month. They have been charged with engaging in the business of dealing in foreign exchange without licence. They all pleaded not guilty. The court presided over by Mrs. Adelaide Abui-Keddey set December 12 for the next hearing. Arguing for bail, counsel for the accused, Victor…
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NDCs Are Behind The Depreciation Of The Cedi- Kwasi Botwe Says
19 Oct

NDCs Are Behind The Depreciation Of The Cedi- Kwasi Botwe Says

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A communicator of the New Patriotic Party, (NPP), Kwasi Botwe has stated the National Democratic Congress (NDC’s) are behind the rampant depreciation of the cedi. According to him they have sponsored the people behind the black market to depreciate the cedi. He said this when he joined Kwaku Dawuro on Movement In The Morning Show on Wednesday 19th October, 2022. Speaking he said that ‘’several factors affects the dollar including the black market-If you go to forex bureau and they don’t have the amount of  dollar you want to exchange, they call the ‘’baba’’ to exchange for you, and these…
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