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Man Arrests For Producing Fake Foreign And Local Currencies

Published

11 years ago

October 9, 2015

A 42-year-old man, Rafiu Olusamokun, is currently in the custody of the Lagos State Police Command for allegedly producing fake foreign and local currencies, which allegedly run into millions of naira.
Our correspondent learnt that Olusamokun, an indigene of Owo, Ondo State, was arrested by the police in his house at Ayidolapo Street, in the Ikotun area of the state.
PUNCH Metro gathered that the suspect, who was a motor mechanic before allegedly venturing into production of fake currencies, worked with some people who were still at large.
It was learnt that the police recovered an iron box full of fake dollars, pounds and naira notes from Olusamokun. Some materials such as cotton wool, paints and oil, allegedly used in the production of the money, were also recovered by the police.
Speaking with PUNCH Metro, the suspect said he was introduced into the business by some men who claimed to have newly returned from Europe.
Olusamokun said the men brainwashed him and forced him to pay about N600,000 to purchase the materials to produce the fake currencies.
He said, “I met those people early this year. I was working as a motor mechanic, and I just ran into them. They said they recently returned from Europe.
When I visited them at a hotel in the Bar Beach, Victoria Island area, they brought out the samples of the currencies they had, and said I could produce same if I wanted to become wealthy.
I was immediately interested. A friend, Sule Sulaimon, who went with me, also became interested. Their leader said all I needed to do was to purchase the chemicals from them. He said I should bring N1m, but I eventually paid N650,000 for the chemicals.
“I did not know the samples they gave me were fake; the papers looked so original. I first gave him N400,000, and then N250,000. He said I could reproduce as much hard currencies as I wanted from the materials I had.
“The currencies recovered from my house runs into millions, but I was not through with the reproduction. If I had finished with it, I would have been a wealthy man. I would have evaded the arrest.”
A police source told our correspondent that Olusamokun was to give part of the money reproduced to the syndicate, so that he could be given more materials. He added that the police were still on the trail of the group.
“The syndicate gave him the materials and the currencies to wash into original. The money is actually worth millions. He was producing €100 and €200 and pounds. The police found the fake cash in his house,” he said.
The Commissioner of Police, Fatai Owoseni, said the suspect would be charged to court as soon as investigations were over.
“The police will continue to ensure that we reduce crimes to the barest minimum in the state,” he added.

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APC Ondo North Primary: Reports Show ATM in Early Lead

Published

5 days ago

May 20, 2026

Sahara Weekly

Reports from the field in Ondo North Senatorial District indicate that voters, officers, and agents at the voting centers across the wards have put Abdul Tunji Mohammed (ATM) in the lead.

According to the current figures collated from the centers, ATM is polling with wider margins of votes

Going by these figures, ATM is poised to win all the six Local Government in the Senatorial Districtt.

We urge all party members and supporters to remain peaceful as collation continues.

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Senate Leader Opeyemi Bamidele Hosts Ondo North Aspirant Abdul Tunji Mohammed, Backs Grassroots Development Agenda

Published

1 week ago

May 17, 2026

Sahara Weekly

Senate Leader Opeyemi Bamidele recently hosted Chief Abdul Tunji Mohammed (ATM), a prominent aspirant for the Ondo North senatorial seat.

The meeting highlighted a strategic alignment between progressive forces, with both leaders emphasizing a shared vision for grassroots development and legislative excellence.

Senator Bamidele, a respected figure in Nigerian politics, is recognized for his contributions to national cohesion and impactful policymaking, drawing on his experience as a legal luminary and human rights activist.

Chief Mohammed, an astute businessman and dedicated grassroots mobilizer, has made a notable impact on Ondo North through his philanthropic work and commitment to constituents’ welfare. His approach blends corporate discipline, economic ingenuity, and a deep concern for people—qualities that have reshaped the region’s political narrative.

The two leaders discussed the district’s critical needs, exploring avenues for socioeconomic growth, legislative reform, and stronger community integration. Senator Bamidele stressed the importance of supporting President Bola Ahmed Tinubu’s Renewed Hope Agenda, a sentiment echoed by Chief Mohammed.

The convergence of Chief Mohammed’s vision with Senator Bamidele’s legislative experience offers hope for Ondo North. This synergy between grassroots ambition and seasoned mentorship points to a promising future for the district’s representation in the Senate. With ATM’s drive and the guidance of leaders like Senator Bamidele, Ondo North is positioned for progress and transformative governance.

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2027 Ondo North Senate: ATM secures Backing of Monarchs, Chiefs

Published

1 week ago

May 16, 2026

Sahara Weekly

APC Senatorial aspirant for Ondo North, Abdul Tunji Mohammed, popularly known as ATM, received a resounding endorsement on Thursday during a high-profile visit to Ikare-Akoko.

The endorsement came from the Olukare of Ikare, His Royal Majesty Oba Akadiri Momoh IV, the Owa Ale of Ikare, His Royal Majesty Oba Adeleke Adedoyin, and the Ikare Council of Chiefs, who described ATM as a credible son of the soil with the capacity to represent Ondo North effectively at the Senate.

Speaking at the palace, the Olukare commended ATM for his consistent engagement with the people and his track record in business and community development. “We have watched your contributions to Ondo North over the years. You are one of us, and we believe you have the experience and character to speak for our people in Abuja,” the monarch said.

The Owa Ale, in his remarks, stressed the need for unity and quality representation. He urge him to continue the help to the people at home that he’s doing. He urged other stakeholders to support aspirants with proven commitment to the district’s progress, noting that Ikare and Akoko land require strong voices at the National Assembly.

In his response, Abdul Tunji Mohammed thanked the monarchs and chiefs for their blessings and trust. He reaffirmed his commitment to prioritize infrastructure, education, healthcare, youth empowerment, and agricultural development if elected.

“Ikare is central to Ondo North, and your support strengthens my resolve to serve with integrity and results. I will not betray this trust. My campaign will remain issue-based, and my representation will reflect the hopes of our people,” ATM stated.

The visit was marked by prayers, cultural displays, and solidarity from party leaders, youth, and women groups across Ikare-Akoko.