The Amasaman Circuit Court has sentenced an Indian national, Shama, to five years in prison for printing millions of fake Ghana cedis and US dollars.
According to reports, the Indian national printed fake cedis and dollars valued at GH¢12,782,990.
Further investigations disclosed that the fake currency included GH¢1,991,000 (one million, nine hundred and ninety-one thousand Ghana cedis) and $991,000 (nine hundred and ninety-one thousand United States dollars).
It was indicated that Shama allegedly printed the money and attempted to pass it off as legitimate company funds.
The court delivered its ruling on Wednesday, March 11, 2026, following legal proceedings that established Shama’s involvement in the printing and possession of fake currency—an offence that violates Ghana’s financial and criminal laws.