Crimes

DSS arrests syndicates selling new naira notes

The Department of State Services (DSS) says its operatives have arrested some syndicates in some parts of the country for allegedly selling the new 200, 500, and 1,000 naira notes.

The DSS disclosed this via a statement issued by its spokesperson, Peter Afunanya, on Monday.

Afunanya said the syndicates were arrested by operatives of the service during an operation.

READ ALSO: Concern as ATMs fail to dispense new naira notes in Lagos, Ogun

“Investigation has also shown 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 the emerging trends,” he stated.

He said the DSS has ordered its commands and formations to further ensure that all persons and groups engaged in the illegal sale of the notes were identified.

The DSS spokesman, therefore, urged anyone with useful information relating to the sales of the new currency to pass the same to relevant authorities.

The Star

Segun Ojo

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