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Monday, December 23, 2024

DSS on New Naira Notes: Commercial Banks fingered in the Sales oa5f New Naira Notes.

The Department of State Services, DSS, has announced the arrest of some members of an organised syndicate selling the new Naira notes in parts of the country.

Security agencies and law enforcement have of late become more active in the drive to ameliorate the hardship inflicted on citizens following the announcement of the deadline for the exchange of the old Naira notes for the new notes. It is widely believed that the deadline is short, unrealistic and unsustainable.

The statement signed by the Public Relations Officer of the DSS, Dr Peter Afunanya, warned that the Service was prepared to take action against racketeers in the new notes.

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.

“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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