DSS intercepts syndicates selling new currency notes 

Date:

 

By Tobias Lengnan Dapam

 

The Department of State Services (DSS) said it has intercepted some members of organised syndicates involved in the sale of the new redesigned naira notes.

 

DSS stated this in a statement issued on Monday by Peter Afunanya, its Public Relations Officer.

 

The statement said the arrest was made in the course of its operations in some parts of the country.

 

“It was also established that some Commercial Bank officials are aiding the economic malfeasance.

 

“Consequently, the Service warns the currency racketeers to desist from this ignoble act. Appropriate regulatory authorities are, in this same vein, urged to step up monitoring and supervisory activities to expeditiously address the emerging trends.

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“It should be noted that the Service has ordered its Commands and Formations to further ensure that all persons and groups engaged in the illegal sale of the notes are identified. Therefore, anyone with useful information relating to this is encouraged to pass the same to the relevant authorities.”

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