DSS Intercepts Syndicates Selling New Naira Notes, Bank Officials Implicated

The Department of State Services has detained some members of an organized syndicate selling the new Naira notes in various parts of the country.

Although the names and locations of the suspects were withheld by the DSS, the agency claimed in a statement on Monday that several commercial bank employees were complicit in the crime.

Dr. Peter Afunanya, the DSS’s Public Relations Officer, issued a statement under his signature warning that the Service will pursue those responsible for the wrongdoing.

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The statement said, “The Department of State Services (DSS) informs the public that it has intercepted some members of organized syndicates involved in the sale of the newly redesigned naira notes. In the course of its operations in parts of the country, we also established that some Commercial Bank officials are aiding the economic malfeasance”.

“The Service warns the currency racketeers to desist from this ignoble act. 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 sold the notes are identified. Therefore, anyone with useful information relating to this is encouraged to pass the same to the relevant authorities”