Two syndicates have been detained by the Nigeria Security and Civil Defence Corps (NSCDC) on suspicion of creating and disseminating fake US dollars (USD) and new naira notes.
This was stated by Olusola Odumosu, Director of Public Relations for the NSCDC, in an interview with the News Agency of Nigeria (NAN) on Friday in Abuja.
He claimed that one of the groups, which was made up of four men, was apprehended in possession of fake money totaling N475,000 and 64,800 dollars.
He added that the second group, which consisted of five men, had counterfeit notes worth N1.5 million that had been found.
“From the seized N1.5million, N784,500 were counterfeit new Naira notes while N49,650 was old Naira notes,” he said.
The director said the suspects were arrested from locations in Plateau by the Commandant General, Special Intelligence Squad between Feb. 22 and March 8.
He said that based on report by the Squad Leader, Dandaura Appollos, the first syndicate was apprehended following an intelligence report on their way to deliver the fake notes to a client in Nasarawa state.
He said the suspects have made confessions on their involvement..
Odumosu said that the corps is carrying out further investigations as the arrested suspects assist the corps to further manhunt of other fleeing syndicate members.
He said that investigations revealed that the syndicates had operated in Plateau, Nasarawa, Bauchi and Gombe axis for years. (NAN)