Fake Currency Factory Uncovered By Police in Ibadan

photo credit- NAN

The Police command in Oyo State has discovered a place in a remote village of Ibadan where thousands of fake pounds, euros, dollars and other foreign currencies were being produced.
The Commissioner of Police in the state, Mohammed Katsina, said that the discovery was made by the command’s ambush squad in a village called Ojoku in Badeku, Ona-Ara Local Government Area of the state. The police described the area as fast transforming to an abode for criminals, having earlier served as a kidnappers’ den. Several notes of fake foreign currencies littered the ground.

Apart from being a fake currency factory, the place also served as a shrine where several criminal activities were perpetrated.

Ismail Adesina, 43, who was arrested at the scene, said he did not know anything about the currencies and that the owners had escaped. He said he was a herbalist and that he had been involved in several financial crimes under the pretext of helping victims to cure ailments and barrenness.

“I am a herbalist and I inherited the skill from my father. I am also a conman. I cured diabetes, barrenness, blindness and other ailments. I have cured many people. My partner, who escaped yesterday, knows how the currencies were produced. Taju and Wasiu are my other partners. We have been here for about four years. We collected varying sums of money from our victims but we do not kidnap people. We bought the land in the bush and built the houses. I am a native of Beyerunka in Ibadan. The names of our victims are with my partners.”

The police said apart from taken money from their victims, the suspects also devised a way of gagging them by taking their nude pictures and threaten to release them if they failed to keep the secret.