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Uganda: Withdraw Fake Currency From Circulation


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BETWEEN March and April this year, Uganda police did one of those things they are seldom thanked for: they busted a counterfeit foreign currency racket that had been fleecing unsuspecting people in the country.


This was partly one of the fruits of the newly formed economic desk in the Criminal Investigations Department. The desk is charged with operations related to white-collar criminals, including counterfeiters.


It could as well have been the biggest haul of counterfeit currency ever in Uganda; some 29 million fake US dollars fell into the hands of the law enforcers. So were varied amounts of currencies from Uganda and virtually all the neighboring countries: Kenya, DRC and Rwanda. The powerful British Pound also featured in the seizures, which left 18 suspects behind bars, including citizens of Nigeria and Cameroon.



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