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Economy

Two arrested with fake new Gh cedi notes

Two Nigerians have been arrested by Customs officials at the Aflao border for possessing fake new Ghana cedi notes. The watermark and the silver lining, the two main security features of the new Ghana Cedi note, were not on the notes found on them. The suspects - Michael Akinniyi Adetayo, 35, and 36 year-old Sunday Olaole Ogundeyi, have since been handed over to the Aflao police for further investigation. This is the first time an arrest has been made in connection with fake currency since the re-denomination started early July. Mr Ahmed Issah Yakubu, Assistant Superintendent of Police in charge of Aflao district, told the GNA that the two Nigerians arrived at the last departure checkpoint at about 0630 hours on Saturday. He said Customs officers, who had been on the alert for fake notes, examined the two thoroughly and found the fake currency in GH 1 and GH 10 denominations. Mr Yakubu said the two claimed the notes were given to them when they went to exchange Naira into cedis while on their way to shop in Accra. The Police have impounded their luggage. Mr Yakubu said the two would be put before court on Tuesday for conspiracy and possessing fake notes. Source: GNA

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