Bank of Ghana in talks with Kantanka on production of armoured bullion vans for banks

Reliably, has been informed that Kantanka automobiles has been contacted by the Bank of Ghana for a local armored bullion van following the recent loss of lives of police officers.

According to report, the central bank is in talks with the company on the possibility of manufacturing armored bullion vans for transporting money.

Currently, four banks have so far engaged the local automobile firm to manufacture such vans for their operations.

According to the Chief Executive of the Kantanka Group of Companies, it will be patriotic on the part of the banks to engage their services to shore up Ghana’s economy.

“When these vehicles are made right here, it will be easier for maintenance and servicing unlike when they are manufactured abroad which will be difficult to service not to take off car parts,” he noted.

Kwadwo Safo Jnr. described the police service’s end of June deadline to banks to acquire armored bullion vans as not realistic.

For him, it will take a maximum of seven weeks to manufacture such a vehicle; five weeks for an express order.

He believes such projects don’t need to be rushed but given ample time for manufacturers to be detailed with security features.

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