Police Arrest Three With N5m Fake Currency In Minna | Independent Newspapers Limited
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Police Arrest Three With N5m Fake Currency In Minna

Posted: Jun 16, 2015 at 9:46 am   /   by   /   comments (0)

By Chinwendu Nnadozie –  Minna


Three suspected fraudsters found in possession of about N4.9 million in cash and in N1,000 denomination were among criminal elements paraded before newsmen by the police in Niger State over the weekend.

The three are Mohammed Abubakar, Ibrahim Mohammed and Mohammed Baba Jiya.

According to Niger State Public Relations Officer (PPRO), Bala Elkana, they were arrested in different parts of the state.

Elkana told newsmen that the first suspect, Mohammed Abubakar, who resides at Kpakungu area (Minna metropolis), Chanchaga Local Government of the state, was arrested by police following a tip-off on June 6.

As at the time of the arrest, the suspect, who claimed to be an indigene of Kuteri-woro in the Lavun Local Government of the state, was caught in possession of counterfeit currency denominated in N1,000 notes worth N4.9 million which he hid inside his house.

Upon interrogations by the Criminal Investigation Department (CID) of the state police command, the suspect confessed to the crime and his confessions led to the arrests of his two other accomplices – Ibrahim Mohammed and Mohammed Baba Jiya, the PPRO said.

In the course of investigations, the police from the Special Anti-Robbery Squad of the Command discovered that the second suspect, Ibrahim Mohammed, brought the said counterfeit money from two other fleeing suspects simply identified as Alhaji Ali and Abdullahi.

The two suspects, now at large, were believed to be both of Kaduna State origin, the PPRO said, adding however that investigation into the matter was still in progress.

Meanwhile, the three suspects have pleaded guilty to the crime, but they told journalists that this was their first outing dealing in fake currency and that no one has fallen victim of their criminal activities.

“This is the first time we are trying our hands in this business,” one of them said.

Also speaking, the second suspect, Ibrahim Mohammed, who claimed to be a marketer with one of the new generation banks (names withheld) with a branch in Minna, said, “Our plan was that if we get customers who were ready to buy as much as N250,000 of the counterfeit money our own commission was fixed at N50, 000.00 genuine naira notes”.