Operations of syndicate selling redesigned naira notes halted by the DSS

published by MLL | Monday, 30th January, 2023 | news

Source: The Nation News papers

It has been reported that the Department of State Services (DSS) has intercepted some members of an organized syndicate involved in the sale of the newly redesigned naira notes. 

Dr Peter Afunanya, the spokes person of the Agency  in a statement on Monday, stated that  the Service established that some commercial bank officials are aiding the economic malfeasance.  

Afunanya stated as follows; “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 emerging trends. 

“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.”