Sunday, 20 March 2011

Police impound Sh18 million in fake notes

From The Citizen Daily, Dar es Salaam
By Frederick Katulanda, The Citizen Reporter

Police in Mwanza Region have seized 1,865 fake banknotes with a purported value of Sh18,655,000 in separate swoops, arresting six suspects in the process.All the impounded notes in denominations of Sh10,000 and Sh5,000 resemble those that were recently released by the Bank of Tanzania (BoT), and most bore serial numbers AC 0004716, BD 0100095 and BX 4086370.

The acting Mwanza regional police commander, Mr Deusdedit Nsimike, told a news conference here yesterday the fakes were seized between March 7 and 16. According to Mr Nsimike, who is also the region’s crimes officer, the police launched a special operation to crack down on the fraudsters following a tip-off from the public.

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