Police arrests money manufacturers and distributors

Police in Kasungu are keeping in custody six suspects believed to be part of a syndicate of local and foreign counterfeit currency manufacturing and distribution.

The six suspects were arrested in a joint operation by a team comprising of Kasungu Police detectives and Reserve Bank of Malawi (RBM) investigators.

According to Kasungu Police Public Relations Officer, Harry Namwaza, the syndicate has also exposed the source where the counterfeit currencies both local and foreign were being manufactured.

“The arrest of the six suspects comes amid rigorous investigations by Kasungu police detectives and RBM investigators which was insitituted after police in the district on September 8 nabbed a man identified as Filodi Goodson aged 35 for being found in possession of a bunch of K320,000 in K2000 fake banknotes all bearing one serial number AT4426785,” Namwaza explains

Namwaza said following the joint investigative operation, six suspect have been nabbed and in the process recovering 994 pieces of counterfeit notes in 100 US Dollars amounting to 99,400 Dollars.

Meanwhile, police have confisticated a Dell monitor, two colour printers, Dell CPU which was used in the manufacturing of the counterfeit currencies in area 23 at the house of Dave Shumba.

RBM Senior Investigator, Emmanuel Malasa, said “the serial number which the fake bank notes bear is the same to that on the fake bank notes that were earlier recovered in Kasungu, Mangochi and Mponela.”

The suspects are expected to appear before court on Monday to answer charges that have been leveled against them.