Police Arrest Suspect For Possessing Fake Naira Notes

Police operatives serving in Abakaliki Road Police Division of the Enugu State Command have arrested one Mmaduabuchi Okonkwo of Mkpologu, Emene, Enugu, at the Old IMT Bus Stop, Abakaliki Road, Enugu for alleged possession of fake naira notes.

The suspect was allegedly transacting in counterfeited Naira notes when he was arrested.
A statement by the spokesperson of the command, DSP Daniel Ndukwe disclosed that a total of 40,000 suspected counterfeited one thousand denominated Naira notes were recovered from him.
Ndukwe said preliminary investigation revealed that the suspect boarded a minibus from New Haven Junction to Old IMT Bus Stop, Enugu, and gave the driver one of the counterfeited notes.

“The driver, however, scrutinized and observed that the currency was fake, thereby raising an alarm that led to the suspect’s arrest.

“Upon interrogation, the suspect confessed to having paid the sum of N25,000 genuine Naira notes to his cohort at large for the counterfeited Naira notes N50,000.

“He further confessed to having spent N10,000 out of the fake notes, remaining the ₦40,000.00 that was recovered from him.

“The suspect will be arraigned and prosecuted once investigations are concluded.
“The state command’s commissioner of police, CP Kanayo Uzuegbu, has described the suspect’s act as a premeditated act of economic sabotage, aimed at inflicting social, psychological, and economic pains on fellow citizens.

“Hence, he enjoins the citizenry to remain law-abiding and exercise caution while transacting with anyone they suspect to be in possession of counterfeited currencies,” he said.