Businessman Arrested For Possessing Fake Currency

Yussif Iziya, 40, was picked at his house at Alajo, in Accra, on Tuesday with the fake GH¢50 notes, upon a tip-off.

Iziya, according to the police, had been involved in the fake currency business for some years now.

The Director-General of the Criminal Inves-tigations Department (CID), Commissioner of Police (COP) Prosper Kwame Agblor, told The Ghanaian Times in Accra yesterday, that his outfit had information that Iziya was dealing in narcotic drugs.

On December 3, he was arrested in his house and a search in his room revealed GH¢97,350.00 in GH¢50 notes.

When he was questioned, he could not provide the source of the fake currency.

Iziya would be put before court today for possessing fake currency.

COP Agblor advised traders to be on the look out for fake notes currency on the markets, and scrutinise money they receive in their transactions.

COP Agblor urged the public to provide information on suspicious characters  for prompt action to be taken on them. By Anita Nyarko