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DSS Accuses Commercial Bank Officials, Others in Redesigned Naira Notes Racketeering 

The Department of State Services (DSS) said that it has intercepted members of a syndicate involved in the sale of the new redesigned naira notes.

A statement issued by the Service, signed by Mr Peter Afunanya, and made available to the National Association of Online Security News Publishers (NAOSNP), also noted that the syndicate is aided by staff of some commercial banks.

The statement in full:

DSS INTERCEPTS SYNDICATES SELLING NEW CURRENCY NOTES; BANK OFFICIALS IMPLICATED

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 new 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 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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