Imo: NSCDC nabs 12 currency hawkers with N8.4 Million

.By Jennifer John

The Nigerian Security and Civil
Defence Corps (NSCDC), Imo state command has paraded 12 suspects arrested in
connection with hawking and selling of mint fresh Naira notes.

The suspects arrested through the collaboration
of the NSCDC, Department of State Services (DSS) and Central Bank of Nigeria
(CBN) task force against trading on naira notes were arrested in possession of
over N8.4 million new naira notes of different denominations.

Addressing newsmen after parading
the suspects, the Imo state Commandant of the NSCDC, Raji Ibrahim said the
offence contradicts CBN act of 2007 and is punishable by seven years
imprisonment.

He reiterated that it is against the
law of the country for anyone to trade on Nigerian currency and promised that
the raid will continue until the act is brought to an end in the state.

“We have arrested and
interrogated them, after investigation, they will be charged to court to face
the full weight of the law. Any punishment ordered by the court of law against
them, will serve as deterrent to others who may want to engage in the illegal business”,
he stressed. Tatranium AI

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