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26.05.2007 Crime & Punishment

Two arrested over fake Euro currencies

By myjoyonline
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Two Nigerians have been arrested by the Police for dealing in fake currency notes.

Ramsey Uzorma, 25 and Onyekachi Iwu, 31, both businessmen, were said to have changed the fake foreign currencies, totalling about ¢100 million at four forex bureaux in Accra.

Luck, however, eluded them when they made another attempt to change money in one of the bureaux when the police on a tip off arrested them.

Chief Supt. Angwubutoge Awuni, Nima Divisional Police Commander, disclosed this to The Spectator in Accra.

The two suspects were said to have travelled from Nigeria to Ghana with large sums of fake Euros which they intended to change for cedis.

On May 4, they went to Rons Bureau at the Kwame Nkrumah Circle and managed to change 400 Euros for ¢4.9 million which the operator of the bureau later detected to be fake.

The next day, they went again to the same bureau with 1000 Euros to change and they were arrested and handed over to the police.

Chief Supt. Awuni said during a search in their hotel room in Accra, 5,600 Euros and an amount of ¢98.2 million were found concealed under the bed.

He said it also came to light later that the suspects went to Perebrim Forex Bureaux to change 3000 Euros ¢37.2 million.

Chief Supt. Awuni said they further went to Dawula and S/G Forex Bureau, where they exchanged 3000 Euros for ¢36.7 million.

He said the suspects went finally to Nayak Forex Bureau and changed 2000 Euros ¢24.6 million.

During interrogation by the police, they confessed having transacted business in t he fake Euro currencies at the forex bureaux and said they brought the notes from Nigeria to sell in the country to make profit.

Chief Supt. Awuni said the currencies had been sent to the forensic unit for examination while the suspects are on police enquiry bail.

Credit: The Spectator