EFCC probes suspect arrested with fake $212,200 in Kano
The EFCC is investigating a suspect, Usaini Ibrahim, arrested in Kano with counterfeit currency valued at $212,200 after being handed over by the NDLEA. Read More: https://punchng.com/efcc-probes-suspect-arrested-with-fake-212200-in-kano/
The Economic and Financial Crimes Commission (EFCC) has launched an investigation into Usaini Ibrahim, a suspect arrested with counterfeit United States dollars worth $212,200 in Kano. According to a post from EFCC’s X handle, Ibrahim was apprehended on September 3, 2026, by the National Drug Law Enforcement Agency (NDLEA) operatives along Maiduguri Road in Kano.
After discovering the counterfeit currency, the NDLEA handed over the suspect and the fake money to the EFCC for further investigation and potential prosecution. The formal transfer occurred at the EFCC Kano Zonal Directorate, where Acting Zonal Director, ACE1 Friday S. Ebelo, received Ibrahim and the exhibits. The NDLEA expressed gratitude for the ongoing collaboration with the EFCC in safeguarding Nigeria’s financial system.
Meanwhile, Ebelo emphasized the EFCC's dedication to combating counterfeit currency and other financial crimes, and cautioned the public against "money doubling" scams that often involve counterfeit currency. Ibrahim is currently in EFCC custody and will be brought to trial after the investigation is completed.
Written by urgent.news from Punch Nigeria's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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