West Region: Treasury, security officials adopt measures to prevent fake bank notes infiltration.

Treasury officials in the West Region have in collaboration with security operatives put in place measures to track and limit the infiltration and circulation of fake bank notes in the Region. 

The move comes after an operation led to the arrest of five persons specialised in the production of fake banknotes.



The development has forced treasury officials to implement measures to prevent the infiltration of the counterfeit banknotes into the treasury.

The Treasury Paymaster General for the West Region, Nopoudem Fernand, who spoke to the state broadcaster, CRTV, recently said: “We have put in place measures such as the installation of fake banknote detectors at our counters, not only at the treasury in Bafoussam but also across all the other accounting posts in the region”. 

He has therefore implored the population to remain vigilant in the wake of the interception of a network of fake banknote producers. 

“The first measure will be a call for vigilance to all the users of banknotes. We also have some tools, some are in the form of pens that can be used to easily detect fake banknotes, but the watchword is vigilance,” he cautioned.

Nopoudem has also warned that the production and distribution of counterfeit banknotes is illegal and those involved in the act risk prison terms. 

“Counterfeiting banknotes is a crime that is punishable by the penal code and the least sanction that can be slashed on those who counterfeit banknotes is a 10-year jail term,” he explained.

It should be noted that, the National Gendarmerie last week, arrested five persons in the West Region who were involved in the production of fake banknotes. 

As the authorities are putting in place measures to curb the spread of more fake banknotes into the economy, the population has been advised to stay vigilant.

 

This story was first published in The Guardian Post Edition No:3341 of Friday January 17, 2025

 

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