DSS intercepts syndicates selling new currency notes

The Department of State Services (DSS) said it has intercepted some syndicates in parts of the country for their involvement in selling the new redesigned Naira notes.

The service disclosed this in a statement on Monday by its spokesman,Dr Peter Afunanya saying that the syndicates were intercepted by operatives of the service during an operation.

“Investigation has also shown that some Commercial Bank officials were aiding the economic malfeasance.

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“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,”he said.

He said the DSS has ordered its commands and formations to further ensure that all persons and groups engaged in the illegal sale of the notes were identified.

The DSS spokesman, therefore, urged anyone with useful information relating to the sales of the new currency to pass the same to relevant authorities.