DSS intercepts syndicate selling new naira notes

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Abuja, Jan. 30, 2022 – The Department of State (DSS) says it has intercepted a syndicate involved in the sale of the newly redesigned naira notes. 

Dr Peter Afunanya, the Spokesman for the agency, said this in a statement on Monday that some commercial bank officials were aiding the economic malfeasance.  

 “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,” the DSS said. (GBN)

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