Enugu Man, Okonkwo, Arrested for Circulating Counterfeit Naira Notes

Mmaduabuchi Okonkwo, 24, was detained at the Old IMT Bus Stop on Abakaliki Road in Enugu for allegedly using phony Naira notes for transactions.

With the assistance of law-abiding residents, police officers working at Abakaliki Road apprehended Okonkwo on April 10, 2024.

As per a statement released by Daniel Ndukwe, the spokesman for the Command, Okonkwo, a resident of Mkpologu, Emene, Enugu, was detained in possession of ₦40,000 alleged to be counterfeit one thousand denomination Naira notes.

“A total of ₦40,000 suspected counterfeited 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 counterfeited notes.

“The driver, however, scrutinised and observed that the currency was fake, and quickly raised an alarm that led to the suspect’s arrest.

“Upon interrogation, the suspect confessed to having paid the sum of ₦25,000 genuine Naira notes to his cohort at large for the counterfeited Naira notes worth ₦50,000,” he said.

Ndukwe said that he also admitted to spending ₦10,000 of the fictitious notes, with the remaining ₦40,000 being taken back from him.

“The suspect will be arraigned and prosecuted once investigations are concluded,” he said. [CONTINUE READING HERE]