March 28, 2023

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DSS Intercepts Syndicates Selling New Naira Notes

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The Department of State Services (DSS) has intercepted a group of syndicates selling the new naira notes in some parts of the country.
This was disclosed on Monday in a statement by the Services’ Public Relations Officer, Peter Afunanya, in Abuja.
Afunanya, said some commercial banks officials are part of the syndicate group aiding the malfeasance of the new naira notes.
He 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 new redesigned naira notes in some 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 urged to step up monitoring and supervisory activities to expeditiously address the 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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