IGP’s order for banks to procure Bullion Vans by June ending unrealistic – Banking expert - News Summed Up

IGP’s order for banks to procure Bullion Vans by June ending unrealistic – Banking expert


General News of Tuesday, 15 June 2021Source: starrfm.com.ghA Banking Consultant, Dr. Richmond Atuahene, says the directive by the Inspector General of Police to banks to purchase fortified bullion vans by the end of June is impossible. “The armoured cars cost around $150k to $200k and by the time the banks get to that level, they wouldn’t be in business. Our banks can buy but you can’t put all your money into the buying of bullion vans especially with those with many branches,” he said. BackgroundA Police officer was shot dead by suspected armed robbers in an attack on a bullion van at Adedenpo near James Town in Accra Monday. "Police is presently waiting for the arrival of the crime scene team from the headquarters for crime scene investigations.


Source: GhanaWeb June 15, 2021 11:15 UTC



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