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Home Featured

Bank officials indicted as DSS intercepts syndicates selling redesigned currency notes

The News Bearer by The News Bearer
January 31, 2023
in Featured, News
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The Department of State Services (DSS) has intercepted some members of organised syndicates involved in the sale of redesigned naira notes.

This was made known in a statement by the Public Relations Officer of the DSS, Dr Peter Afunanya, on Monday, January 30, 2023.

The interception was made despite hardship many Nigerians are going through to get the new notes from their banks and the Automated Teller Machines (ATMs).

In the statement, Dr Afunanya said that in the course of operations by DSS officials, it was discovered that in parts of the country, some commercial bank officials were aiding what was referred to as “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 the 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 statement read.

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