The Police Command in Enugu State has arrested an Enugu resident, one Mmaduabuchi Okonkwo, 24, suspected to be in possession of, and transacting in fake naira notes.

A statement by the command’s spokesman, Daniel Ndukwe, said that operatives serving in Abakaliki Road Police Division, with the support of law-abiding citizens, arrested Okonkwo of Mkpologu, Emene, Enugu, at the Old IMT Bus Stop, Abakaliki Road, Enugu, on April 10.

According to him, the suspect’s arrest is sequel to his alleged possession, and transacting in, counterfeit naira notes.

“A total of ₦40,000 suspected counterfeit one thousand denominated naira notes were recovered from him. A preliminary investigation revealed that the suspect boarded a minibus from New Haven Junction to Old IMT Bus Stop, Enugu, and gave the driver one of the notes.

“The driver, however, scrutinised and observed that the currency was fake and quickly raised the alarm that led to the suspect’s arrest. Upon interrogation, the suspect confessed to have paid ₦25,000 genuine naira notes to his cohort at large for the counterfeited naira notes worth ₦50,000,” he said.

Mr Ndukwe said that he further confessed to have spent ₦10,000 out of the fake notes and the remaining ₦40,000 recovered from him.

He said, “The suspect will be arraigned and prosecuted once investigations are concluded.”

(NAN)