Police Arrest Man With Fake Naira notes in Enugu

Date:

April 17, 2024.

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Azonuchechi Chukwu.

Enugu State Police Command have arrested one Mmaduabuchi Okonkwo, 24, suspected to be in possession of, and transacting in, fake Naira notes.

The Command’s spokesman, Daniel Ndukwe, said in a statement on Tuesday that operatives serving in Abakaliki Road Police Division, with the support of law-abiding citizens, arrested Okonkwo on April 10.

He said a total of N40,000 suspected counterfeit of one thousand denominated notes were recovered from the suspect.

“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 N25,000 genuine Naira notes to his cohort at large for the counterfeited Naira notes worth N50,000,” he said.

Ndukwe said that he further confessed to having spent N10,000 out of the fake notes, with the remaining N40,000 recovered from him.(www.naija247news.com).


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Azonuchechi Chukwu
Azonuchechi Chukwuhttps://gravatar.com/azonuchechivchukwu
Azonuchechi Chukwu - Business Journalist at Naija247news.com Azonuchechi Chukwu is a seasoned business journalist contributing to the insightful coverage of economic and financial news at Naija247news.com. With a passion for unraveling the complexities of the business world, Azonuchechi brings a wealth of expertise and dedication to his role. As a Business Journalist, Azonuchechi specializes in providing comprehensive analyses of market trends, corporate developments, and economic indicators. His in-depth reports offer Naija247news.com readers a nuanced understanding of the forces shaping the Nigerian and global business landscapes. Azonuchechi Chukwu's commitment to journalistic excellence is evident in his ability to translate complex financial information into accessible and engaging narratives. Whether exploring stock market fluctuations, corporate strategies, or economic policies, he strives to deliver content that empowers readers with valuable insights. With an educational background in business and a keen interest in the intersection of finance and technology, Azonuchechi stays at the forefront of industry dynamics. His coverage extends beyond traditional financial reporting, encompassing the dynamic realms of fintech, entrepreneurship, and sustainable business practices. Azonuchechi Chukwu's work goes beyond the surface, aiming to foster financial literacy and awareness among Naija247news.com's audience. By demystifying economic complexities and shedding light on emerging opportunities, he plays a pivotal role in keeping readers well-informed in the fast-paced world of business. As Naija247news.com's Business Journalist, Azonuchechi Chukwu continues to make meaningful contributions to the platform's mission of delivering timely, accurate, and relevant business news to its diverse audience. His dedication to journalistic integrity and his ability to navigate the intricacies of the business realm make him an invaluable asset to the Naija247news.com team.

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