DSS arrests syndicates selling new Naira notes, indicts bank officials

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The Department of State Services (DSS) says  it has “intercepted” some members of organised syndicates involved in the sale of the new redesigned naira notes.

The agency added that “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.”

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Dr Peter Afunanya, Public Relations Officer of DSS in a statement on Monday said “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 the emerging trends.

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“It should be noted that the Service has ordered its Commands and Formations to further ensure that all persons and groups engaged in the illegal sale of the notes are identified. Therefore, anyone with useful information relating to this is encouraged to pass the same to the relevant authorities.”

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