Banks expected to start using Armoured Bullion Vans from July 1 – President of ABOG

Banks expected to start using Armoured bullion vans from July 1 - President of ABOG
Banks expected to start using Armoured bullion vans from July 1 - President of ABOG

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

This follows a series of robberies, including the most recent Ablekuma Bullion Van attack, in which a police officer was fatally shot on June 22, 2023, at the Star Oil filling station.

Speaking with Johnnie Hughes on Sunrise morning show on 3FM on Friday June 23, disclosed that some of the banks have not yet finalised the arrangement with the ABOG to that effect.

“By 1st of July we will see banks using armored vehicles/bullion vans. However, other banks have not finalized the agreement with us,” – he said in regards to bullion van robbery in Ablekuma, a suburb area in Accra where Police officer was murdered by attackers.

He further stated 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.” as quoted by

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.

ALSO READ: Ablekuma Robbery: Five things to know about Ablekuma bullion van robbery attack

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.

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.

Speaking about the attackers of the Bullion Van in the tragic incidents in Ablekuma, police issued a severe warning to the four robbers behind for the murder of the officer named Amoah.

“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.

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

ALSO READ: One Suspect of Ablekuma robbery attack Identified by the Police

“We wish to assure the public that we will surely get the robbers arrested to face justice.” – Police said in the statement.

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Eben Mugeez

Eben Mugeez is a publicist who owns Hello Vybes, covers and publish stories about celebrities, entertainment news in Ghana, Sports, Economic, Business more.