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General News of Tuesday, 8 May 2007

Source: GNA

Enact law to check mishandling of the cedi

Asamankese (E/R), May 8, GNA - The Rev Robert Nelson Adayi, Executive Director of Treds Envitech Limited, an environment management company on Tuesday called on the government to enact a law to deal with the mishandling of the Ghanaian currency.

This, he said, would curb the practice where citizens treated the currency with contempt by writing on it, mended it with black cellotape and soiled it with oil, defacing it.

Rev Adayi said this when he met with workers at Asamankese in the Eastern Region to educate them on the new currency and how to handle money. "No country mishandles money like Ghana," he said. "All the foreign currencies used in Ghana are always in good shape because the least defect will render the money useless," he added.

He said a law to make tattered and defaced notes illegal tender was a sure way of giving the currency some importance and value.

"This will put fear into the citizens and even the banks which sometimes issue such notes in the name of legal tender." Rev Adayi noted that with new notes to be introduced in July, it was appropriate for government to set up laws to protect the currencies to avoid spending huge sums on reprinting.

He therefore advised the workers to handle the new notes with care and pay attention to the various advertisements in the media to enable them to understand the education campaign. 8 May 07