Police arrests 7-suspects selling new Naira notes

Selling newly minted naira notes is an offence that attracts six months imprisonment and seven suspects are now in police net for trading and hawking newly minted naira notes in Onitsha, Anambra state.

According to the State Commissioner of Police, Mr. Garba Umar, the Central Bank of Nigeria, CBN, has raised alarm over the illegal activity going on for a while now unchecked and calls for swift action to arrest the culprits who even brazenly display them in public as a product.

Garba while addressing the press over the matter cites sections 20 and 21 of the CBN Act that makes it an offence for anyone to sell or hawk naira or coin issued by the Central Bank of Nigeria, cautions citizens to desist from abusing the naira and says those arrested will be prosecuted.

At the Anambra State Police Headquarters in Amawbia, seven suspects have been paraded by the police for illegal trading and hawking of newly minted notes in Onitsha. The police upon arresting the suspects on December 21st also recovered over four million naira newly minted notes.

Mr. Garba stated that seven people were with two at large, who are neck-deep in the activity and says they will be prosecuted. One of the suspects speaking on his involvement in the nefarious activity says he does not know the source of the newly minted notes as he buys from a dealer.

Festive periods always come with activities with people engaging in free spraying of money which may warrant one looking for newly minted money, the Commissioner of Police says the CBN is serious with ending the illegality of people trading on naira and anybody found engaging in the business will be prosecuted, adding that aggressive investigation is going on to find out who is the source of the distribution of the newly minted money either from the bank or wherever.

Comments

Foul play suspected in the death of Black college student found hanging in Atlanta

A Black man was found hanging off the MLK Bridge in Atlanta and initial report from local authorities was that the man "committed suicide". However some evidence suggest he may have been killed. A video shared online shows the Morehouse College student hanging by his neck with a metal chain, not a rope or belt. He is also seen wearing his backpack. Atlanta police were called to MLK Drive at about 6:30 p.m. Friday and wiithin hours of the body being located and without any witnesses, police closed the case and classified it as a suicide. But reports say someone around the area claim they heard someone yelling, "don't do it." The reports states: "The preliminary investigation shows the male had a chain wrapped around his neck, Atlanta police Sgt. John Chafee said. The chain was locked in several places and keys to the locks were found in one of the victim's pockets, Chafee said. Investigators canvassed the area and located one person ...

Abuja-based businessman beaten to death by unknown assailants in Enugu

An Abuja-based businessman was beaten to death by unknown assailants in Enugu. The deceased, Chinedu Nzegwu popularly known as Obroshoo by friends, was attacked by the assailants few days before his return to Abuja. They reportedly hit him with a stick on the head leaving him for dead. Late Nzegwu, a Pure and Industrial Chemistry graduate of the University of Port Harcourt, is a former student of Dennis Memorial Grammar School DMGS, Onitsha, Anambra State. His friends and family members have taken to Facebook to mourn his tragic death. One of them Nwachi Viktor, wrote: "Murdered in cold blood in Enugu by fellow ndi igbo. Another young and hardworking man from Onitsha.He was my junior in Dennis Memorial Grammar school Onitsha. Trying to understand why they had to beat him to death,he was never a thief and came from a good home. Rest in peace Chinedu Nzegwu. No one is safe in Nigeria!"

Scotland yard commander in charge of drug strategy is suspended over alleged drug misuse

A Scotland Yard commander who led the force’s drug strategy and heads misconduct hearings has been suspended over allegations of drug misuse. Commander Julian Bennett was secretly suspended last month following claims involving controlled drugs. It was reported that he was taken off duty after refusing to have a drug test following a tip-off about alleged substance abuse. The veteran officer now faces an internal investigation by Scotland Yard’s directorate of professional standards, despite reports that part of his role in the force is acting as chairman in misconduct proceedings. Nicknamed ‘Sacker,’ Mr. Bennett is well known for his stern rulings due to the number of officers kicked out of the force, having presided over hundreds of hearings since 2010, including some of the force’s most controversial invest...

Startech Safety And Security News Blog

Search This Blog