How Police Busted 3 Members Of Fake Currency Syndicate & Recovered N2.9b During Operation

AISHA ABUBAKAR 

Police operatives from the Kano State Command have busted three members of fake currency syndicate and recovered suspected fake currencies worth over N2.9b during coordinated operation.

 

P.M.EXPRESS reports that two of the suspects were found with the fake currencies, while the third suspect was the one from whom the money had been stolen before they were arrested.

 

The arrest was confirmed by the Police spokesperson, SP Abdullahi Haruna, who confirmed that the suspects were in custody undergoing interrogation over their alleged conduct.

 

“Operatives of Kano State Police have arrested three individuals in connection with the possession of counterfeit currency totaling over ₦2.9 billion. This follows an operation that resulted in the seizure of a significant amount of fake money, which included both foreign and local currencies.”

“The counterfeit money recovered includes $3.37 million (about ₦2.5 billion), CFA 51.97 million (approximately ₦41.8 million), and ₦1.44 million in Nigerian Naira ”

 

“This individual is currently helping the Police with their investigation into the source and production of the counterfeit currency. In addition to the counterfeit funds, Police operatives also recovered several illegal items. These included six rounds of live ammunition, three tricycles, eight motorcycles, and three parcels containing 175 wraps of dried leaves suspected to be Indian hemp. The Police further confiscated 250 diazepam tablets, 278 sheep, and seven cattle during the operation” SP Haruna said.

 

Haruna noted that these efforts are part of a broader strategy by the Kano State Police to combat criminal activities in the region. He highlighted that such operations have not only led to the arrest of criminals but also helped deter others from engaging in illicit activities.

The Police spokesperson further stated that major crimes such as kidnapping, armed robbery, thuggery, and drug trafficking have been significantly reduced due to these proactive measures.

 

“The suspects remain in custody while ongoing investigations aim to uncover the network behind the production and distribution of counterfeit money in the region.”

 

He stated that the suspects will be charged before the Court for the alleged criminal offence but that will be after the conclusion of investigations by the Police.