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Home Headline News

Fake Dollar Notes in Circulation, EFCC Alerts

Simple Ikem by Simple Ikem
February 22, 2019
in Headline News
Fake Dollar Notes in Circulation, EFCC Alerts

Fake Dollar Notes

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The Economic and Financial Crimes Commission (EFCC) has raised alarm over the circulation of fake dollar notes in the country.

Tony Orilade, EFCC spokesman, gave the warning in a statement issued on Thursday.

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Orilade said the agency issued the warning following intelligence gathered during the build-up to the elections.

The anti-graft agency also asked Bureaux de Change operators to be cautious.

He said: “The Economic and Financial Crimes Commission (EFCC) has raised the alarm over the circulation of fake dollar notes ahead of Saturday’s Presidential and National Assembly elections.

“In a statement personally signed by the Acting Chairman of the Commission, Ibrahim Magu, the agency stated that the warning follows intelligence gathered in the build-up to the elections.

READ ALSO: Deal With it, No APC on the Ballot, Gov Wike Mocks Opposition Leaders

“The intelligence indicates that the dollar notes have features of genuineness, but forensic analysis by the Commission reveals otherwise.

“We, therefore, warn the BDC operators to be cautious in their transactions from now till the end of the elections.”

Tags: BDCcirculationEFCCFake Dollarnews
Simple Ikem

Simple Ikem

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