Muntaka Mubarak Demands Accountability Over Escaped Kingpin and Unknown Millions in Counterfeit Cedis | Discuss Ghana

The lingering fallout from one of the most sophisticated counterfeiting and gold-smuggling busts in Ghana’s modern history has burst back into the parliamentary corridors. Raising serious, high-vibe concerns over institutional gaps and tracking delays, the Minister for the Interior, Hon. Mohammed Mubarak Muntaka, has questioned the state’s handling of the March 2025 Sapeiman warehouse raid, revealing that the value of the seized counterfeit Ghana Cedi notes remains completely unknown.

The Minister dropped the explosive update during an accountability briefing on Tuesday, July 7, 2026. Reviewing the inventory of the multi-container sting operation conducted by National Security at Sapeiman and Ofaakor, Muntaka Mubarak took an uncompromised, direct tone regarding the procedural loops that have allowed the primary syndicate lead to evade capture for over a year, while demanding absolute clarity on the financial metrics of the seized domestic notes.

The Anatomy of a Sophisticated Syndicate

The initial raid, which took place in early 2025, sent shockwaves through the country after security operatives uncovered a massive, multi-million dollar counterfeit operation hidden behind a modest car battery workshop:

The Fugitive Kingpin: Despite elite National Security trackers locking down the operation center, Muntaka confirmed that the lead suspect—a sophisticated kingpin known simply as "Alhaji"—managed to slip past the initial dragnet and remains permanently on the run.

The Currency Destruction: The Minister verified that the massive cache of high-grade fake U.S. Dollars, which were packed inside genuine, stolen Bank of Ghana (BoG) money boxes and sealed with cement and charcoal, has been officially neutralized and destroyed by the central bank under strict forensic surveillance.

The Cedi Black Hole: While the foreign currency loop has been closed, a massive accountability gap remains. Muntaka revealed that while boxes of counterfeit GH₵50 and GH₵100 notes were seized, state financial analysts have yet to calculate or release the total face value of the fake domestic currency, leaving parliament completely in the dark regarding the potential scale of the economic sabotage.

The Fools' Gold: The suspected gold bars discovered inside the syndicate's 40-foot containers have been officially handed over to the Ghana National Gold Corporation (GoldBod) for technical authentication, following early field tests showing the "precious metals" were merely peeling silver blocks coated in industrial gold paint.