From Tunde Suleman, Minna
The Police in Niger State have paraded three suspected fraudsters before the media with counterfeit N4.9 million in N1,000 denomination.
The three suspects are Mohammed Abubakar, Ibrahim Mohammed and Mohammed Baba Jiya.
In an interactive session with reporters, the Police Public Relations Officer, Niger State Police Command (PPRO) Mr. Bala Elkana said the first suspect , Mohammed Abubakar of Kpakungu community in Chanchaga Local Government of the state was arrested by police
operatives based on a tipoff on Saturday, June 6, 2015.
Elkana explained that at the time of the arrest, the suspect, who claimed to be an indigene of Kuteri Woro in Lavun Local Government of the state, was caught in possession of counterfeit N1,000 notes worth N4.9million.
And upon further interrogation by the Police at the Criminal Investigation Department of the State Police Command, the suspect confessed to the crime. His confession led to the arrests of his alleged accomplices in crime, Ibrahim Mohammed and Mohammed Baba Jiya.
Elkana, an Assistant Superintendent of Police (ASP) said during investigation by the police detectives at the Special Anti- Robbery Squad of the Command, it was discovered that the second suspect, Ibrahim Mohammed, allegedly brought the said counterfeit money from
two fleeing suspects identified as Alhaji Ali and one Abdullahi (other names withheld).
The PPRO stressed that the two suspects now at large were believed to be both of Kaduna state origin, adding that further investigation into the matter was still in progress, with a view to arresting the fleeing suspects and arraigned them for prosecution in a court of law
to serve as deterrent to others.
He advised the public who deal with huge sums of money to beware of suspected counterfeiters now on the prowl.
One of the suspect, Ibrahim Mohammed who claimed to be a marketer with a new generation Bank (names withheld) with a branch in Minna, said: “Our plan was that if
we get customers who were ready to buy as much as N25O,000 of the counterfeit money, our own commission was fixed at N50,000 of genuine naira notes .”
He added that if he and his gang members had succeeded in selling the entire N5 Million worth of the counterfeit money prior to their arrest by the police, that they would have made a profit of N1 million of genuine naira notes.