The Nigeria Police arrest SIX currency traffickers

6 members of a syndicate involved in illegal
currency trafficking were arrested on Friday at
Oshodi and Lagos Island areas of the
state.According to Police statement, the
syndicate was smashed in a joint operation by
the police and officials of Central Bank of
Nigeria (CBN). The suspects were caught with
N855, 290 in N20, N50 and N200

“The suspects violated Section 21, sub-section
(4) of the Central Bank of Nigeria Act, 2007 and
shall be brought to justice accordingly.“It’s a
punishable offence for any person to hawk or
trade the Naira notes, coins or any other note
issued by the Central Bank. It is also an offence
to spray, dance or match on the Naira note or
any note issued by the Central Bank during
social occasions,” said the new Lagos Police
spokesman, Famous Cole.

The Command advised the general public to
desist from engaging in this illegality, as
violators shall be made to face the full wrath of
the law. 

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