Reverien Ndayishimiye, 41, was arrested Monday, March 21, in Nyarucyamo I Village, Ruli Cell, Shyogwe Sector.
The Southern region Police spokesperson, Superintendent of Police (SP) Theobald Kanamugire said that the suspect was arrested at Unguka Bank branch in Muhanga where he was trying to exchange the counterfeit dollar bills.
“Police received information from the bank management that the would-be client (Ndayishimiye) had brought fake dollar bills amounting to US$2,000 in the denominations of US$100, which they were attempting to exchange into Rwandan francs.
Police swiftly conducted an operation and arrested Ndayishimiye at the bank,” said SP Kanamugire.
SP Kanamugire emphasized that vigilance is key to breaking rackets that counterfeit and distribute money.
The suspect was handed over to Rwanda Investigation Bureau (RIB) at Nyamabuye station for further investigation.
“Law enforcement organs are working together to know the origin of the fake bills and all those involved.
Article 269 of law No 68/2018 determining offenses and penalties in general, states that any person, who fraudulently counterfeits, falsifies or alters coins or bank notes which are legal tender in Rwanda or abroad, notes issued by the Treasury with its stamp or brand, either banknotes or alike that have legal tender in Rwanda or abroad, or one who introduces or issues in Rwanda such effects or notes with knowledge that they are forged or falsified, commits an offence.
Upon conviction, he/she is liable to imprisonment for a term of not less than five years and not more than seven years.
Leave a Reply