You cannot copy content of this page

Kaduna: Police arrest four over sale of Naira notes

Four persons have been arrested by the in , accused of illicit trading in notes.

The Commissioner of (CP) in state, Mr Aji Ali Janga, made the disclosure at a press briefing in on Monday.

The Agency of (NAN) reports that Janga was represented by the command’s Deputy Commissioner, Administration, Mr Onah Sunny.

The CP said that the suspects were arrested during a joint operation on June 14, involving officials of the Central Bank of (CBN) and DSS.

According to him, the sting operation aims at forestalling illicit sales of the country’s currency notes.

“The clampdown on the vendors and sellers is hinged on the CBN’s Act of 2007, Sections 20 and 21.

“This Act makes it a punishable offense for any individual or group of people to hawk, sell or otherwise trade in Naira notes, coins or any note, issued by the CBN.

”The operation was very successful, as four suspects, were arrested at various locations in the state during the raid supervised by the Command CP, ” he said.

He disclosed that a total of N798,000 in various denominations and other exhibits were recovered from the suspects.

You may also like:  Korea awards masters degree scholarship to 13 Nigerian government officials

Janga said that investigation had already commenced on the matter to ascertain the source of the Naira notes, adding that the police and CBN would continue the clampdown on the perpetrators.

The Commissioner assured that those arrested would be prosecuted after investigation.

“For the avoidance of doubt, acts of spraying the Naira notes at occasions, soiling and writing on the Naira, and squeezing of the Naira are abuses of the Naira.

“Other forms of abuse of the Naira, include hawking and selling, and all are punishable by law.” he said

Janga appealed to the general public to desist from any of those acts and promptly report to the nearest security agency, any person seen doing so.

Join us on Telegram

Submit /Birthdays

Do you have some interesting news/reports, gist? We can can help you to publish them to the world. You can Also Drop your pix if you are a Celebrating your Birthday and let us Publish it for free!!!

Terms & Conditions Apply!

LEARN MORE >>

Share this News!

Leave a Comment

Do you have some interesting News, Reports or Gist? Feel free to submit to us for Publication.