Finance
Enugu Police Arrests Young Man Harbouring And Spending Fake Naira Notes


Policemen in Enugu State have arrested a 24-year-old suspect, Mmaduabuchi Okonkwo, for allegedly possessing and transacting in counterfeit naira notes.
A total of ₦40,000 suspected counterfeited one thousand denominated Naira notes were recovered from him.
Okonkwo was said to have boarded a minibus and given the driver one of the counterfeited notes. The driver, however, scrutinised and observed that the currency was fake, thereby raising an alarm that led to the suspect’s arrest.
Information has it that during interrogation, the suspect confessed to paying N25,000 for counterfeit notes with a face value of N50,000.
He further confessed to having spent ₦10,000 out of the fake notes, remaining the ₦40,000 that was recovered from him.
The suspect will be arraigned and prosecuted once investigations are concluded.
Say No To Creating Counterfeits!
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