Oyo: Police arrest six, recover fake €100 notes worth N14.15m

Oyo State Police Command has arrested six suspected counterfeit currency dealers and recovered 89 fake €100 notes valued astatine €8,900, equivalent to astir N14.15 million, successful Ibadan.

The command’s Public Relations Officer, DSP Ayanlade Olayinka, disclosed this successful a connection issued successful Ibadan on Thursday.

Olayinka said the suspects were allegedly progressive successful the possession, circulation and accumulation of counterfeit euro notes.

According to him, the cognition began during a township patrol by constabulary operatives astir the Labo-Wesley country of Ibadan astatine astir 7:30 p.m. on Tuesday.

He said the officers stopped 3 men travelling connected a motorcycle during the patrol and conducted a hunt connected them.

“A hunt conducted connected them led to the betterment of 89 pieces of suspected counterfeit €100 notes, totalling €8,900.

“The circumstances surrounding the engagement of each fishy are being subjected to further investigation,” helium said.

The constabulary spokesperson said further probe led to the suspects allegedly confessing to the offence and taking investigator...