The Institute for Liberty and Policy Innovation (ILAPI) has revealed that the Bank of Ghana (BoG) currently holds a substantial sum in three currencies- Cedis, British Pounds, and US Dollars, all from dormant accounts in financial institutions across the country between 2016 and 2023.
In Ghanaian cedis, more than GH₵167.8 million is held by BoG.
Additionally, the bank has $14.6 million, €2.3 million, and £2.4 million in these dormant accounts.
These funds are believed to belong to deceased individuals, mostly those who died in disasters such as floods, road accidents, and deaths.