Richard Jakpa, the Director of Special Operations at Ghana’s National Security Bust in Amasaman Uncovers Counterfeit Currency Syndicate sparking concerns of the circulation of currency in the country.
Richard Jakpa, the Director of Special Operations at Ghana’s National Security, spearheaded the raid on a warehouse in Amasaman, uncovering a massive stash of counterfeit US dollars and Ghanaian cedis.
Video: Richard Jakpa Director of Ghana’s National Security Bust in Amasaman Uncovers Counterfeit Currency
Jakpa, a polarizing figure with a controversial past, including a dishonourable discharge from the military and prior raids on high-profile figures like former Finance Minister Ken Ofori-Atta, is now at the forefront of this high-stakes investigation. The seizure, which took place on April 5, 2025, marks a significant escalation in the fight against financial crime in Ghana, spotlighting the growing threat of counterfeit operations.
Details: National Security Amasaman counterfeit currency bust by Richard Jakpa
The Amasaman warehouse raid revealed more than just fake currency; authorities also discovered counterfeit Ghana Army uniforms and boots, raising alarms about potential fraudulent military impersonation. This operation is part of a broader crackdown that began in February 2025, when National Security intercepted 12 shipping containers in Sapeiman, near Amasaman, containing counterfeit currencies and suspected gold bars.
The sophisticated concealment methods, including sealing the fake money in boxes covered with charcoal, point to a well-organized criminal network, with the investigation now focusing on a notorious kingpin known only as ‘Alhaji,’ who remains at large.
A nationwide manhunt is underway for ‘Alhaji’ and his associates, as National Security intensifies efforts to dismantle the syndicate. The operation has sparked public concern about the implications for Ghana’s economic stability and national security, with fears that such activities could undermine investor confidence. As investigations continue, authorities are bracing for the possibility of uncovering deeper layers of illegal activity, signaling that more arrests may follow in this unfolding financial crime saga.
