EFCC investigates suspect arrested with fake $212,200 in Kano
The NDLEA handed Mr Ibrahim and the counterfeit currency over to the EFCC for further investigation and possible prosecution. The post EFCC investigates suspect arrested with fake $212,200 in Kano appeared first on Premium Times Nigeria .
The Economic and Financial Crimes Commission (EFCC) is probing Usaini Ibrahim, who was apprehended in Kano with counterfeit US dollars totaling $212,200. According to EFCC's X account, Ibrahim was detained by National Drug Law Enforcement Agency (NDLEA) officers on September 3, 2026, following the discovery of the fake currency on Maiduguri Road in Kano.
The NDLEA subsequently transferred Ibrahim and the counterfeit money to the EFCC for further examination and potential prosecution at their Kano office. NDLEA's deputy superintendent of narcotics, Yahaya Labaran, praised the cooperation between the agencies in safeguarding Nigeria's financial system. Acting Zonal Director of EFCC in Kano, ACE1 Friday S. Ebelo, emphasized the commission's dedication to combating counterfeit currency and other financial crimes, while warning against "money doubling" scams that often involve such deceitful practices.
Ibrahim is currently held by the EFCC and is expected to face court proceedings following the investigation. The commission will determine the specifics of the counterfeit currency incident and investigate any possible involvement of other individuals.
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