The 2025 Fraud Report has disclosed the dismissal of 75 staff members by Banks and SDIs collectively various reasons.
The report which was published by the Financial Stability Department of the Bank of Ghana noted that despite 219 staff members being implicated in fraudulent activities during the year, only 75, representing 34%, were actually dismissed.
It further disclosed that out of the 75 dismissals recorded in 2025, 44 cases, were directly linked to cash theft-related fraud.
On overall staff involvement in fraud, the report stated that the number of staff implicated in fraudulent activities across both Banks and SDIs fell from 365 in 2024 to 219 in 2025, representing a 40% decrease.
The report added that out of the 219 cases of staff-related fraud recorded in 2025, 139, representing 63%, were involved in cash theft and cash suppression, as compared to 274, representing 75%, in 2024.
It further disclosed that out of the 139 cases of cash suppression recorded across Banks and SDIs, only 22% were recorded in banks.
However, with regard to the value at risk, approximately GH¢40.7 million, representing 96% of the total value at risk for cash suppression, was recorded in the banks.
The Central Bank emphasized that effectively addressing fraud within Ghana’s financial sector demands a unified and sustained effort from all stakeholders, including financial institutions, law enforcement agencies, regulatory bodies, and the public.
About The Author
