Crime & Investigation

Security Busts Fake Currency Printing Racket


Security agencies in Lira have busted a racket of suspected fake foreign currency printing criminals in the district.

North Kioga regional Police spokesperson David Ongom Mudong says detectives arrested four members of the racket from a hotel in Lira town, sick this week.

He however declines to identify the suspects for fear of jeopardizing investigations.

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Ongom says the racket that operates from several spots in the district had specialized in printing of US dollar bills and British pound sterling.

The police spokesperson reveals that during the operation, approved officers who raided the hotel, seized unspecified amount of counterfeit dollars, British pound sterling and Ugandan shillings.

He says chemicals suspected to have been used by the suspects was also recovered during the operation.

Ongom however says several members of the racket still remain at large but promises that security agencies are tracking their movements.

The police mouth piece says intelligence information indicates that the racket entered Lira district from Kampala a fortnight ago.

He says the suspects already in police custody will be arraigned before court once investigations into the matter are complete.


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