Police in Oyo state has arrested a male driver (name withheld) for allegedly being in possession of N1,000,000 fake currency.

The state police public relations officer (PPRO), Adewale Osifeso, made this known in a statement in Ibadan on Saturday.

Mr Osifeso stated that the suspect was arrested by the command’s federal highway patrol team during a stop-and-search operation on Friday.

He said the arrest was made at about 8:45 p.m. around the Guru Maharaj Ji area of the Ibadan-Lagos Expressway.

The driver, on his way to Osogbo, was driving a green Sienna vehicle with registration number Lagos FKJ 443 YG.

He stated that the suspicious character of the driver prompted the officers to conduct a thorough search of his vehicle.

investigation by the officers discovered approximately ₦1,000,000 in banknotes of N1,000 denomination.

“The notes are only three unique serial numbers: 235923 – N500,000 (500 notes); 235922- N300,000 (300 notes); and 235921- N200,000 (200 notes), all concealed in a transparent plastic parcel secured with ample tape.

“Upon interrogation, the suspect, a male, stated that he was only acting as a courier, having received the cash from an unidentified individual in Ojota, Lagos,” he said.

According to Mr Osifeso, the suspect stated that he was instructed to deliver the funds to Osogbo but had not been given the recipient’s name or contact details.

The PPRO said the suspect claimed the person who gave him the package told him it contained body cream.

Mr Osifeso pledged the command’s commitment to combating currency counterfeiting and other financial crimes jeopardising the nation’s economy and community safety.
further investigations  are ongoing and would continue, and updates would be communicated to the public.

“We urge the public to remain vigilant and report any suspicious activities to the appropriate channels,” he said.