Inside Nigeria

EFCC Raises Alarm Over Fake US Dollars in Circulation

The Economic and Financial Crimes Commission(EFCC) has said that fake US Dollars is currently in circulation few days to the Presidential election.

In a statement signed by Acting Chairman of the commission, Mr. Ibrahim Magu said intelligence indicates that the fake USDollars have features that makes them look genuine.

“We therefore wan BDC operators to be cautions in their transactions from now on till end of the elections,” Magu said.

President Muhammadu Buhari had earlier warned on the influx of foreign currency into the country in the wake of the Presidential and National Assembly elections this weekend.

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