NOA Alerts Public On Fake Currency Circulation In Akwa Ibom
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Mkpoutom said that there had been confirmed intelligence reports of syndicates flooding the coastal areas with fake N1000 notes.
The Akwa Ibom Directorate of the National Orientation Agency (NOA) has issued a warning to the public about the circulation of counterfeit N1000 notes in the state.
According to the News Agency of Nigeria (NAN), NOA listed areas worse hit by the nefarious activities to include the coastal areas of Udung Uko, Mbo, Oron, Okobo and Ibeno Local Government Areas.
The State Director of NOA, Mr Mkpoutom Mkpoutom, disclosed this in a statement in Uyo on Friday.
Mkpoutom said that there had been confirmed intelligence reports of syndicates flooding the coastal areas with fake N1000 notes.
“There have been confirmed intelligence reports of syndicates flooding the coastal areas of Udung Uko, Mbo, Oron, Okobo and Ibeno with fake N1000 notes with batch numbers 364232 and 898248 with blurred portraits, watermarks and irregular security features.
“The syndicates exploit the peak commercial hours of major local markets in the state to carry out transactions with the counterfeit notes and defraud unsuspecting POS operators and other merchants,” Mkpoutom said.
The state director described this heinous crime as unpatriotic and capable of distorting the Nigerian economy.
He appealed to the public to be vigilant and cooperate with security agencies, who are doing their best to bring the culprits to justice.
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