Tuesday 17 April 2018

5 women nabbed for selling naira notes


5 women nabbed for selling naira notes in Ogun
Five women who allegedly specialized in hawking naira notes have been arrested in various parts of Ogun State, Daily Trust gathered Monday.

The suspects, Toyin Alegbe, Kehinde Akinbode, Shoneye Latifat, Kehinde Olanrewaju and Iyanuoluwa Shokunbi, were arrested in Ijebu Ode, Shagamu and Abeokuta areas of the state during a sting operation jointly carried out by police operatives of the Ogun State Police Command and officials of the Central Bank of Nigeria (CBN) at the weekend.
The operation is in line with the provisions of Section 21(1) of the CBN Act 2007 which made hawking, selling and abuse of the naira a punishable offence.
Some of the suspects arrested, sources revealed, had a syndicate that gets the naira notes (new notes) available through some insiders at the CBN.
“They are usually found at motor parks and social gathering centres selling for between 25 and 30 per cent commission. For every N1000 they sometimes take 200 or 300. So at the end of it they can get N2000 or more on N10,000 sold,” a source revealed.
The police command spokesman, Abimbola Oyeyemi, who confirmed the arrest said various denominations of naira notes totaling N1.5 million were recovered from the suspects who were publicly exhibiting their illicit trade. 


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