Two men arrested over issuing counterfeit money

By: Malik Fahad Jjingo

Masaka: The police in Masaka have arrested two men in connection with possession counterfeit currency notes amounting to Shs3 million allegedly found in their car.

It is also suspected that the two men, both residents of Katete village in Nyamitanga, Mbarara District, gave Shs1 million in counterfeit currency notes to a Mobile Money agent to deposit on their Mobile Money Account at a Mobile Money joint along Elgin Street in Masaka Town last Saturday.

The crime

It is alleged that the two men, who were traveling on a Toyota Premio car, went to the joint and presented Shs1 million in denominations of Shs50,000 – all counterfeit currency to the Mobile Money attendant and asked her to deposit it on their Mobile Money account.

The attendant only realised after the two had left that the money she had received was fake and she reported the matter to police, which mounted road blocks on major roads leading out of Masaka Town.

According to the Masaka District police commander, Mr Henry Kavuma, the two men were arrested along Masaka-Kyotera road.

Mr Kavuma also said the police had received several complaints in Masaka about counterfeit notes paid to unsuspecting businessmen, especially bar and restaurant owners.

The two men have denied being the owners of the money and depositing any of it at any Mobile Money joint in Masaka Town.

They further claimed that at the time of their arrest, they were on their way from Kyotera where they had gone to attend the wedding party of musicians Geoffrey Lutaaya and Irene Namatovu.

Releated

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