Business & Finance

Financial System Integrity Is a National Security Concern, Says Second Deputy BoG Governor

The Bank of Ghana has reaffirmed its commitment to safeguarding the integrity and stability of the country’s financial system through stronger collaboration with state security agencies.

The assurance came during an inter-agency security engagement held at Bank Square on Wednesday, April 15, 2026. Second Deputy Governor Mrs. Matilda Asante-Asiedu delivered remarks on behalf of First Deputy Governor Dr. Zakari Mumuni.

In her address, Mrs. Asante-Asiedu stressed that protecting the financial system goes beyond regulatory compliance.

“Financial system integrity is a national security concern. When our institutions collaborate effectively, financial crimes become harder, riskier, and less profitable,” she said.

She underscored the importance of intelligence-led operations in confronting emerging threats, particularly cybercrime and illegal financial activities that undermine public confidence and economic stability.

Citing recent progress, the Second Deputy Governor pointed to a successful operation in Accra targeting illegal online loan operators.

The coordinated action led to the arrest of 420 individuals, including three foreign nationals.

Mrs. Asante-Asiedu attributed the outcome to improved coordination among law enforcement bodies, especially under the Law Enforcement Coordinating Bureau of the Inter-Ministerial Committee against Money Laundering and Related Crimes.

She noted that sustained inter-agency cooperation is key to disrupting criminal networks, protecting consumers, and ensuring that Ghana’s financial sector remains resilient and trustworthy.

The engagement brought together representatives from security institutions and financial sector regulators to align strategies for tackling money laundering, fraud, and other illicit financial flows.

The Bank of Ghana said it will continue to deepen partnerships with state security institutions to protect the financial system, support economic growth, and maintain confidence in Ghana’s digital and traditional financial services.

Click to read more: https://opemsuo.com/author/hajara-fuseini/

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