Plans by a syndicate to steal at least N2.7 billion from the Nigerian economy by pushing into circulation counterfeit $4.7 million cash have been foiled.
Operatives of the National Drug Law Enforcement Agency (NDLEA) bursted the plans in the early hours of Friday, 18th February when it intercepted a consignment sent from Lagos to Abuja at Abaji area of the Federal Capital Territory.
A controlled delivery of the parcelled counterfeit US dollars totalling $4,760,000 led to the arrest of a principal suspect, 52-year-old Abdulmumini Maikasuwa.
The seizure followed intelligence received by the FCT Command of the Agency detailing the movement of the cash and the vehicle conveying it.
Chairman/Chief Executive of NDLEA, Brig.-Gen. Buba Marwa (rtd) has directed that both the cash and the suspect in custody be transferred to the Economic and Financial Crimes Commission (EFCC) for further investigation.
Meanwhile, a nursing mother, Mrs. Rashidat Adebayo, 38, has been arrested in Offa, Kwara State with assorted drugs such as Tramadol, Swinol, Diazepam and Pentazocine injection ampules.
Before her latest arrest on Thursday 17th February, the nursing mother had been arrested and granted bail on 24th January 2022 for dealing in similar drugs.
READ ALSO: 95-year-old Queen Elizabeth tests positive for COVID-19
Oyetola secures 222,169 votes, wins APC guber ticket
In the same vein, NDLEA officers have arrested two drug dealers: Sani Isa (aka Bilaz) and Bala Yerima in Hong, Adamawa State with 239 blocks of cannabis sativa weighing 209kg, just as operatives of the Bauchi State Command have intercepted a truck marked FFF 422 XB coming from Lagos to Maiduguri, at Azare, Bauchi.
A total of 164.8kg of cannabis sativa concealed in peak milk cartons was recovered from the truck.
The NDLEA Chief Executive has commended the officers and men of the FCT Command for their vigilance and preventing counterfeit $4.7 million from going into the streets.
He charged them and their counterparts in Adamawa, Kwara, Bauchi and others across the country not to rest on their oars.
A forest guard has been taken into custody for allegedly shooting his son dead at…
The Nigerian Exchange Limited (NGX) all-share index and market capitalisation appreciated by 6.16 per cent…
Kenyan athlete, Ezra Kering, has emerged the winner of the 2026 Access Bank Lagos City…
The Kwara State Government has stepped up enforcement against street begging after the arrest of…
The Adamawa State Police Command has intensified security arrangements ahead of President Bola Tinubu’s visit…
Bayo Onanuga, Special Adviser on Information and Strategy to President Bola Tinubu, has urged a…
This website uses cookies.