The Department of State Services, has apprehended members of an organized syndicate peddling fresh Naira notes in various regions of the country.
Although the DSS did not reveal the suspects’ names or locations, the agency stated in a statement on Monday that some commercial bank executives were helping and abetting the act.
The DSS Public Relations Officer, Dr Peter Afunanya, issued a statement warning that individuals involved in the wrongdoing will be pursued.
The statement said, “The Department of State Services (DSS) hereby informs the public that it has intercepted some members of organised syndicates involved in the sale of the newly redesigned naira notes. In the course of its operations, in this regard in parts of the country, it was also established that some Commercial Bank officials are 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.
