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Home Crime

Police Seizes N129bn Fake Naira, Dollar Notes, Arrest 3 Suspects

With a breakdown of 3,366,000 in counterfeit US dollars, 51,970 in counterfeit CFA franc, and 1,443,000 in counterfeit naira.

Ifeanyi Uzoechiena by Ifeanyi Uzoechiena
December 11, 2024
in Crime, News
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Police Seizes N129bn Fake Naira, Dollar Notes, Arrest 3 Suspects
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The Nigeria Police Force (NPF) says its operatives have seized fake currencies in Naira and Dollar, worth N129 billion in Kano State.

In a statement on Tuesday, Muyiwa Adejobi, the force spokesperson said three suspects were arrested in connection with the fake currencies.

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Adejobi identified the suspects as Nura Ibrahim, Muhammed Muntari, and Usman Abdullahi.

“Recently, in Kano, the police successfully recovered the sum of N129,542,823,000 in counterfeit currencies, with a breakdown of 3,366,000 in counterfeit US dollars, 51,970 in counterfeit CFA franc, and 1,443,000 in counterfeit naira,” the statement reads.

“This momentous achievement was recorded on the 8th of December 2024, at Gwale, Kano state, where police operatives acting on credible intelligence accosted one Nura Ibrahim ‘m’ and, upon a conducted search, discovered N392,000 counterfeit notes, $7800 counterfeit notes, and 5 different ATM cards.

“Further investigation led to the arrest of his accomplices, Muhammed Muntari ‘m’ and Usman Abdullahi ‘m,’ as well as the recovery of the other counterfeit currencies.”

 

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Tags: Fake Currencies

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