Fraudsters can infiltrate re-denomination exercise

Obuasi, April 5, GNA - An official of the NCCE has appealed to rural communities to be on the look out for people who will be parading their areas with the view to assist them to change their currencies when the re-denomination of the cedi starts in July.

Mr E.K. Antwi, the Obuasi Municipal Director of the National Commission for Civic Education (NCCE), said all such people are fraudsters who should be arrested and made to face the full rigours of the law.

Speaking at a re-denomination programme organized by the Radiant Life Ministry at Kyekyewere near Obuasi on Wednesday, Mr Antwi said the re-denomination exercise would be carried out at all the banks to avoid any rush.

The programme formed part of activities drawn up by the church to mark its 10th anniversary.

Mr Antwi said vigorous educational campaign had been launched to enable the NCCE to reach out to as many people as possible with the right message on the re-denomination of the cedi. He appealed to Christian women to develop the culture of saving with the banks so that they could obtain loans to improve their businesses.