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EFCC Raises Alarm Over Fake Dollar Notes In Circulation

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EFCC Warns BDC Operators To Be Cautious Of Fake Dollars

The Economic and Financial Crimes Commission (EFCC) has raised the alarm over the circulation of fake Dollar notes ahead of February 23, Presidential and National Assembly elections.

In a statement signed by the Acting Chairman of the Commission, Ibrahim Magu, the agency stated that the warning follows intelligence gathered in the build-up to the elections.

Magu said the intelligence indicates that the Dollar notes have features of genuineness, but forensic analysis by the Commission reveals otherwise.

“We, therefore, warn the BDC operators to be cautious in their transactions from now till the end of the elections,” he stated.

Naija News reports that the presidential and national assembly elections will hold on February 23 while the governorship and state assembly elections are scheduled for March 9.


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