
<p><strong>The President of the Association of Bullion Operators Ghana (ABOG), Alhaji Iddi Sumaila has said that banks in Ghana are expected to start using armoured bullion vans for cash-in-transit from July 1.</strong></p>



<p>He however reveals that some of the banks are yet to finalize the agreement with the ABOG to that effect.</p>



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<p>By 1st of July we will see banks using armored vehicles/bullion vans. However, other banks have not finalized the agreement with us,” he told Johnnie Hughes on the Sunrise show on 3FM Friday June 23 regarding the robbery attack on a bullion van at Ablekuma in Accra on Thursday, June 22, killing a Police officer in the process.</p>
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<p>He further revealed that “We have about 150 bullion vans in the country. Most banks have signed contracts with us to deploy to them. It goes through a process for the banks to get it and that takes time.”</p>



<p>It is recalled that the central bank in 2021 issued a directive for all financial institutions to procure the protective sophisticated vans failure to which the Bank of Ghana said it would not admit any substandard or soft-skinned Cash in Transit (CIT) vehicles into any of it’s premises nationwide.</p>



<p>This deadline was however extended to July 1, 2023 just after the James Town robbery attack on a Bullion Van in which a police officer was killed and another by- stander was hit with a stray bullet.</p>



<p>The series of robbery attacks on officers accompanying sub-standard vehicles for cash transfers forced the Inspector General of Police to issue threats not to escort any vehicle without the necessary protection for police officers.</p>



<p>Regarding the attacks at Ablekuma, the police issued a stern warning to the robbers behind the killing of the officer.</p>



<p>In front of a bullion van on security duties, the officer was shot multiple times at close range.</p>



<p>The sad incident followed an attempted robbery at the Star Oil Filling Station at Ablekuma Fan Milk, a suburb of Accra.</p>



<p>Four in number, the robbers are said to have followed the bullion van, which went to refill at the fuel station, where the shootout occurred.</p>



<p>“The police are on a manhunt to arrest a gang of four robbers who attacked a bullion van at Ablekuma Fanmilk, a suburb of Accra and shot the police escort who has unfortunately passed on,” a statement from the police said.</p>



<p>“Our prayers and thoughts are with the family of our deceased colleague in particular and all personnel of the Police Service in general.</p>



<p>“We wish to assure the public that we will surely get the robbers arrested to face justice.”</p>
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Banks Expected To Start Using Armoured Bullion Vans From July 1 – President Of ABOG
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