The Federal High Court in Lagos on Monday heard how the Department of State Services ( DSS ) uncovered a plot to print counterfeit naira notes worth N20billion.

DSS Principal Officer in Charge of Investigation in Lagos, Peter Uche, said the agency acted on a tip off.

He was testifying in trial of Mr John Elem, who was charged with attempting to print the fake notes.

Prosecuting counsel Mr E.K. Ugwu told Justice Saliu Saidu that the defendant violated the Counterfeit Currency Offences Act, 2004.

Uche, the first prosecution witness, led in evidence Ugwu, said the DSS received a petition against Edem signed by Mr Francis Okowa.

He said the petition was delivered to him in his office on December 7, 2016 at about 4pm by “Mr Grant” from the law firm of Mr Rickey Tarfa (SAN).

He said Okowa, Tarfa’s client, alleged that Edem was plotting to print naira notes worth N20billion.

Uche said: “Based on the petition, I went to my director and immediately a team was constituted to identify and arrest him.

“The following day, around 2pm, we were able to apprehend the suspect along Governor’s Drive, Parkview Estate, Ikoyi.

“The team was split into two: one to go and search his house while the other was to search his company.

“I led the team that went to his house on Banana Island in the evening of the same day.

“We met someone in his house; so, we tendered a search warrant and subjected ourselves to body search by the defendant and the person in his house.

“We went into the house and recovered items that we believe support the petition.

“Some of the items were 92 pieces of golden colour holograms, a textbook and handbooks on how to print currencies. We also recovered a manual numbering machine.”

He said he took two statements from Edem on December 9 and 11, 2016, adding that although the defendant denied the allegation, the items recovered from his house supported the charge.

Justice Saidu admitted in evidence the 92 pieces of golden colour holograms, which the witness said were recovered from the closet in Edem’s master bedroom.

The judge also admitted in evidence a textbook entitled: Optical document on security, the handbooks said to contain instructions on how to print currencies and the manual numbering machine.

The two statements by the defendant were also admitted as exhibits.

The trial continues Tuesday, Jan. 8


Source: http://thenationonlineng.net/dss-bust-plot-print-n20b-fake-naira/

DSS would not burst corruption and corrupt polithiefcians......

He was testifying in trial of Mr John Elem, who was charged with attempting to print the fake notes.

First and foremost, who tf is this guy?!

He said Okowa, Tarfa’s client, alleged that Edem was plotting to print naira notes worth N20billion.

WHAT

“I led the team that went to his house on Banana Island in the evening of the same day.

He even has a house in Banana Island?!
One of the most expensive place to live in Africa!

We went into the house and recovered items that we believe support the petition.
Some of the items were 92 pieces of golden colour holograms, a textbook and handbooks on how to print currencies. We also recovered a manual numbering machine

Damn it!!
Who is JOHN ELEM PLEASE ?

Wow

Naija my country

Get some sense


You found hologram

You found numbering machine

Biko. That's evidence they've been doing it for long

Hmm

So gobe, truly people can do anything to make it in Nija here.....




Just imagine such kind of fake notes in circulation................



I just pity those people that hardly care to check if money is fake or real.....




Some people will start blaming Buhari now...........

UNBELIEVABLE
We need to know who this 19 man is mehn!

Na wao for this country. May God help us

DSS doing there job since 1759

This is seriously serious

You graduated Since 1999 -2015 but could not get a job because you don't know any PDP Stakeholder to give you one. President Buhari within one year in office employed you under N-POWER, he gave you IPad phone with monthly subscription of about 750MB, he is Paying you #30,000 every month even when you don't go to work. Now you are using the same phone and free Subscription to cook lies against your employer (PMB) on Social Media. I am neither preaching nor begging you to Stop, but I want you to examine yourself and know if you voted for President Buhari in 2015, Vote where you like, the option is yours. Next Level Is The Answer!!!!!!!!!!

Oh boi.. This one is loud mehn. Imagine fake 20 billion naira in circulation

Yeye allegations.

Attempted to print

RevenGeMission:
Get some sense nobody clicks on links without short story

Dullarpo shut up

You obviously need to get the sense more. The op is perfectly alright

Are these really fake notes or have some smart naija guys found the formula for printing our currency.

GOFRONT:
Where is NwaAmaikpe??

Prolly languishing in detention for oesophagusorrhea

I need those stuffs

Fine... Let me go and search Google for the PDF file

Lexusgs430:
DSS would not burst corruption and corrupt polithiefcians......

So it’s a bad thing they bursted this one ?

The fake money is already out... Please I need a Mercury bulb for my boys to be able to detect the fake currency... Each time they balance account, I M tired of losing money.... If you sell Mercury bulb please mention me.

Na them

Lexusgs430:
DSS would not burst corruption and corrupt polithiefcians......

What are you saying in essence, that they should let every criminal run loose

if i have the power i will print more sef

The judge also admitted in evidence a textbook entitled: Optical document on security, the handbooks said to contain instructions on how to print currencies and the manual numbering machine........Some will go google for the book! .

D person wey expose am self dey do am

Where can I buy the machine from? I need it

Moyinoluwa35:
You graduated Since 1999 -2015 but could not get a
job because you don't know any PDP Stakeholder
to give you one. President Buhari within one year in
office employed you under N-POWER, he gave you
IPad phone with monthly subscription of about
750MB, he is Paying you #30,000 every month
even when you don't go to work. Now you are using
the same phone and free Subscription to cook lies
against your employer (PMB) on Social Media.
I am neither preaching nor begging you to Stop, but
I want you to examine yourself and know if you
voted for President Buhari in 2015, Vote where you
like, the option is yours.
Next Level Is The Answer!!!!!!!!!!

Aunty, so because of a job of 30k, Nigerian youths should not criticize this administration that cannot differentiate their left from their right, abi?

Some people's stupidity is just legendary!