18 March 2018
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Monday, 25 December 2017 07:45

K1.3 million in fake K200 bank notes circulating in Mzimba – Police

Written by  Ed-Grant Ndoza
An embossed artistic picture of the genuine Malawi K200 note that has been faked by others - File Photo An embossed artistic picture of the genuine Malawi K200 note that has been faked by others - File Photo

Mzimba, December 23, 2017:   Mzimba Police Station has asked people to take extra caution when carrying out business transactions in the district following the proliferation of fake K200 bank notes amounting to over K4 million.

Station Officer Assistant Commissioner of Police Louis Chigadula warned the people Thursday during a press briefing on the police’s security preparedness during this Christmas and New Year festive season.

Chigadula said the district has been flooded with bogus K200 bank notes amounting to K6 million.
“So far, we have successfully recovered K4.7 million while K1.3 million is still enjoying circulation,” he said.

He added that police have so far arrested four people found in possession of the fake currency but declined to divulge their identities as investigation were still under way.

According to Chigadula, the fake bank notes are easy to identify because they are lighter and have same serial numbers.

He further said statements from the arrested suspects indicate that the fake notes have come from Zambia and Tanzania and they bear the following serial numbers: AD0348554, AD0348558 and AB68868224.

Police arrested the four suspects at Jenda and Mbalachanda rural growth centres in Mzimba following tips from bottle store attendants who were suspicious of the suspects’ lavish buying of beers.

Meanwhile, Chigadula has asked shop owners to carefully examine K200 bank notes, especially from customers who suspiciously buy goods in bulks and at one goal.

He assured people in Mzimba that police will provide maximum security during this festive season.
Mzimba Police publicist Peter Botha said the suspects will answer charges of possession of fake or forged currency, which puts them to the wrong side of Section 356 of the Penal Code of Malawi.

“They can also be charged with use of materials resembling bank notes, which violates Section   23 (2) b of the Penal Code of Malawi,” Botha said.


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