The National Police Spokesman Chief Supt Theos Badege has warned Rwandans to regulary scrutinize their currency notes because fake notes are in circulation especially denomination notes of 5000,2000 and 1000.
Police is holding four suspects including three men and a woman seized for possessing counterfeit cash of 2million Rwanda currency and US $200
The fake rwanda currency notes are in denominations of 5000frw,2000frw and 1000frw notes. From the samples of the adulterated notes seen by Igihe.com, the 2000frw note looks perfectly copied whereas the fakeness of the 5000frw note is vividly noticeable with deeper red colouration.
The suspects have been identified as Joseph Misago an ex- soldier at the rank of corporal resident at Remera in Nyabisindu sector, Selemani Nyagisaza 56 resident of Gikondo’s Magerwa area and the lady identified as Florentine Murekatete a former hair dresser who resides at Muhima and Sulaimani Ryaruhanga a foreigner from Uganda.
Misago confessed that he joined the clique because he had no other option and has been living in poverty and selling the fake currency was the only way to feed his family.
He disclosed that he bought the fake currency from Kampala at a price of US$ 300 which is equivalent to one million Rwandan francs which he was supposed to make a profit of Frw 500,000 inform of valid currency.
“I was supposed to bring a fake million in exchange of original Frw 500,000 but the bad luck was that the fake amount hadn’t reached a million so I started distributing to individuals,” he confessed.
Meanwhile, Murekatete29, says that she got into the scandal after being convinced that she would benefit from the fake money deal.
By press time the interrogations of suspects hadn’t yielded the mastermind of the fake money project but the seized suspects all agree that the fake currency was bought by Ryagihanga from Kampala.
Ryagihanga denied making the money locally but rather claimed he had obtained it from a Ugandan friend and his role was to supply the amount within Rwanda, “they would give me US$ 350-400 in return for Frw1 million,” he disclosed.
Police spokesman Chief Supt Theos Badege explained that the crime is associated with lazy people that don’t want to work for their own income and that the crime was highly punishable in court.
If found guilty in the courts of law, the suspects risk punishment of magnitude of 3 years to 20 years in jail and high fines or both.
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