• About
  • Advertise
  • Privacy Policy
  • Contact
Tuesday, November 18, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

IGP Meets BoG and Banking Authorities over Security in the Sector

M.Cby M.C
October 14, 2021
Reading Time: 3 mins read
IGP Meets BoG and Banking Authorities over Security in the Sector

Dr. George Akuffo Dampare, IGP

In recognition of the critical role played by stakeholders and the need for stronger partnerships with them, the newly inaugurated Inspector General of Police (IGP), Dr. George Akuffo Dampare, has held a meeting with officials of the Bank of Ghana (BoG) and the Ghana Association of Bankers at the National Police Headquarters, to address some security lapses in the sector.

The meeting highlighted new strategies being mapped out by the Police Service to counter cash-in-transit robbery attacks and the challenges that are encountered. All areas of collaboration between the Police and the banks were examined.

Following attacks on some cash-in-transit operations, the Police Administration is reviewing its strategy on the movement of cash across the country, the IGP stated.

RelatedPosts

CalBank Backs Trailblazing EdTech to Close Skills Gap in Ghana

Police Service Joins ADB’s Transformation Wave After IGP’s Glowing Endorsement

Absa Bank Rallies Exporters as Ghana Targets Explosive Trade Growth

IGP to Create Peaceful Working Ambience

The meeting which was chaired by the IGP, was attended by members of the Police Management Board, the Governor of BoG and his Deputies, the President, the CEO, and other executive members of the Ghana Association of Bankers. Also present were the CEOs of most of the major banks in the country.

The IGP affirmed his commitment to ensure that, both the police service and the banking industry operate in a peaceful working environment. Meanwhile, other immediate, medium and long term measures for banks to operate in safe and secured environments were also discussed at the meeting.

ADVERTISEMENT

“The Police Administration wishes to assure players within the banking sector and members of the public that it is committed to ensuring a safe and secure atmosphere for the banking industry and guarantee the safety of all persons in the country.

Dr. George Akuffo Dampare

Dr. George Akuffo Dampare indicated that his administration will provide the necessary protective gears to the Ghana Police Service to help them carry out their duties with maximum protection.

“The Administration would also like to assure all Police officers that their safety is paramount and the Service will go to all lengths to provide them with the needed protection to enable them to serve the society in peace.”

Dr. George Akuffo Dampare

It can be recalled that, a similar meeting took place earlier in the year, where Mr James Oppong-Boanuh, the immediate past Inspector-General of Police (IGP), 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 stressed the need for commercial banks to implement the use of standardised equipment for Cash in Transit (CIT) services within a specified timeline. That included services outsourced by the banks to any company that performed CIT duties.

  • IGP Mr. Oppong Boanuh
Former IGP Mr James Oppong Boanuh

Background of the Engagements

All these engagements between the Police Service and the Bankers Association, has become necessary on the back of a bullion van attack that led to the death of two individuals – one police man and one civilian. On that fateful day of June 14, 2021, armed robbers in a movie-like style, attacked a van carrying cash. The robbers aimed directly and shot the policeman accompanying the van, before taking away the booty, along with the weapon of the latter.

A woman who had witnessed the incident and raised an alarm, was also shot and killed in her shop as she attempted to hide.

The bullion driver sustained injuries and was sent to the Korle Bu hospital for treatment. Two tellers who were in the van escaped unhurt.

READ ALSO: Accra Circuit Court Orders Arrest of a Banker over Stolen Cash

Tags: Banking securityBoGDr. George Akuffo Dampare
Share5Tweet3Share1SendSend
Please login to join discussion
Previous Post

Letitia Wright denies airing anti-vaccine views on ‘Black Panther 2’ set

Next Post

Ghana Police Service Provides Shuttle to Facilitate Officers Movement

Related Posts

CalBank Backs Trailblazing EdTech to Close Skills Gap in Ghana
Banking

CalBank Backs Trailblazing EdTech to Close Skills Gap in Ghana

November 18, 2025
Police Service Joins ADB’s Transformation Wave After IGP’s Glowing Endorsement
Banking

Police Service Joins ADB’s Transformation Wave After IGP’s Glowing Endorsement

November 17, 2025
Absa Bank Rallies Exporters as Ghana Targets Explosive Trade Growth
Banking

Absa Bank Rallies Exporters as Ghana Targets Explosive Trade Growth

November 14, 2025
Standard Bank Plants Its Flag in Cairo as Africa–MENA Mega Trade Corridor Takes Off
Banking

Standard Bank Plants Its Flag in Cairo as Africa–MENA Mega Trade Corridor Takes Off

November 14, 2025
bank failure
Banking

Ghana’s Lending System Collapsing Under Its Own Weight

November 14, 2025
Gov’t Pumps Historic GH¢401m Into Women’s Development Bank to Transform MSMEs in 2026
Banking

Gov’t Pumps Historic GH¢401m Into Women’s Development Bank to Transform MSMEs in 2026

November 14, 2025
Dr Cassiel Ato Forson,
General News

Ghana Saves $9 Million in Renegotiated GRA–Tata Deal — Ato Forson

by Evans Junior OwuNovember 18, 2025
His Excellency John Dramani Mahama, President of the Republic of Ghana
General News

Mahama Assures LGBTQ Bill Assent Upon Passage

by Emmanuel Tibila BoasahNovember 18, 2025
Dr. Hugh C.A. Brown, Forestry Commission CEO
Extractives/Energy

Galamsey: Forestry Commission Calls for Institutional Empowerment to Boost Operations

by Bless Banir YarayeNovember 18, 2025
Seplat Energy showcased its portfolio of Nigerian offshore assets
Extractives/Energy

Seplat Energy invites North Sea service firms to tap Nigerian offshore assets

by Prince AgyapongNovember 18, 2025
Dr. Alhassan Iddrisu, Government Statistician
General News

Government Statistician Demands Data-Driven Governance for National Peace and Progress

by Silas Kafui AssemNovember 18, 2025
Palestinian children wait to receive food from a charity kitchen in Gaza City, July 24.
Around the Globe

WFP Bemoans Worsening Global Hunger Crisis Amid Funding Cuts

by Comfort AmpomaaNovember 18, 2025
Dr Cassiel Ato Forson,
His Excellency John Dramani Mahama, President of the Republic of Ghana
Dr. Hugh C.A. Brown, Forestry Commission CEO
Seplat Energy showcased its portfolio of Nigerian offshore assets
Dr. Alhassan Iddrisu, Government Statistician
Palestinian children wait to receive food from a charity kitchen in Gaza City, July 24.

Recent News

Dr Cassiel Ato Forson,

Ghana Saves $9 Million in Renegotiated GRA–Tata Deal — Ato Forson

November 18, 2025
His Excellency John Dramani Mahama, President of the Republic of Ghana

Mahama Assures LGBTQ Bill Assent Upon Passage

November 18, 2025
Dr. Hugh C.A. Brown, Forestry Commission CEO

Galamsey: Forestry Commission Calls for Institutional Empowerment to Boost Operations

November 18, 2025
Seplat Energy showcased its portfolio of Nigerian offshore assets

Seplat Energy invites North Sea service firms to tap Nigerian offshore assets

November 18, 2025
Dr. Alhassan Iddrisu, Government Statistician

Government Statistician Demands Data-Driven Governance for National Peace and Progress

November 18, 2025
The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.

Discover the Details behind the story

Get an in-depth analysis of the news from our top editors

Enter your email address