Efcc detains 12 suspects for alleged foreign currency counterfeiting
Akilu Salisu, a 51-year-old father of 10 from Katsina State, has been arrested for alleged involvement in foreign currency counterfeiting. He was apprehended alongside Umar Mikailu Shuaibu and Salisu Nura by the Ilorin Zonal Directorate of the Economic and Financial Crimes Commission. The suspects were found with large amounts of counterfeit United States dollars and pounds sterling. Authorities say the investigation is ongoing and the suspects will be arraigned in court after its conclusion.
What we know
- Salisu Nura and Umar Mikailu Shuaibu were initially arrested by the Kwara State Command of the National Drug Law Enforcement Agency during a stop-and-search operation on January 27, 2026, and later handed over to the EFCC.
- Nura was found with 435 pieces of counterfeit $100 notes and 378 pieces of counterfeit £50 notes.
- Investigations revealed the counterfeit currencies were meant for delivery to Shuaibu, with Salisu as the final recipient.
- Further checks on Shuaibu’s digital payment account showed suspicious transactions exceeding N5 million without satisfactory explanations.
- The suspects will be arraigned in court after the ongoing investigation is completed.
