Minister for the Interior Hon. Muntaka Mubarak has warned Financial Institutions Against Usage of soft skinned Bullion Vans.
He said the directive by the Bank of Ghana for Financial institutions to purchase the standardized armored vehicles following attacks on the Vehicles, is not being adhered to.
Addressing a news conference in Accra on Thursday (December 4, 2025), the Minister revealed that government against the background, is rolling out Guidelines and standards to regulate the importation, retrofitting, usage, and decommissioning of Armoured Bullion Vehicles”
Minister for the Interior Hon. Muntaka Mubarak
He stressed that it is critical aspect of our nation’s security and financial logistics industry, that is the regulation of Armoured Vehicles for Cash-in-Transit (CIT) and Bullion operations in Ghana.
“As the first step towards enforcing these Guidelines and Standards, the Ministry of the Interior hereby issues a Forty-five (45) day notice, effective Monday, 8th December, 2025 to Monday, 21st January, 2026 within which period the following steps should be adhered to:
All financial institutions and entities in the cash-In-Transit business with soft skinned vehicles are to park them immediately and proceed to apply for the necessary clearance for retrofitting of the said vehicles at a certified retrofitting centre.
Entities operating in the cash-In-Transit/Bullion business are to cease operations henceforth and proceed to register and acquire the needed licenses and certification from the Ministry of the Interior before operations.
Entities engaged in the retrofitting of Armoured Bullion Vehicles for the cash-In-Transit/Bullion services are to cease operations henceforth and proceed to register and acquire the needed licenses and certification from the Ministry of the Interior before operations.
All stakeholders should note that, after the 45-day notice period, there shall be nationwide enforcement and full implementation of the Guidelines and Standards including taking legal action and applying sanctions against those who breach the directives” the Minister emphasized.
Implementation and Enforcement
The Asawase Member of Parliament emphasized that the successful roll-out of these Guidelines will be followed by a phased implementation plan which includes:
• Accreditation of authorised importers and retrofitters who meet the specified technical and security standards.
• Regular inspections and compliance audits to ensure adherence to safety and operational protocols.
• Mandatory training and licensing for drivers, escort personnel and others engaged in bullion and CIT operations.
• A structured decommissioning process to ensure that retired vehicles are rendered inoperable and properly documented.
He said ss part of the implementation plan, the Inspector-General of Police has already been tasked to form an Enforcement Unit to ensure strict compliance with the Guidelines.
Source:www.senaradioonline.com
