Police burst fake currency factory in Ibadan

The police on Monday uncovered a location in Ibadan, Oyo State where different fake foreign currencies like dollars and pounds were being produced, and that also served as a shrine where criminal activities were being perpetrated.

The police described the area as fast transforming to an abode for criminals, having earlier served as a kidnappers’ den.

The Commissioner of Police in the state, Mohammed Katsina, said that the discovery was made by the command’s ambush squad in a village called Ojoku in Badeku, Ona-Ara Local Government Area of the state.

The police cordoned off the compound shielded by tall trees and thick bushes.

Two Toyota Camry cars with number plate AA 125 DK and AA 207 DH and a Nissan Almera lift back model with number plate AGL 882 DF were found in the compound, which was fenced with corrugated iron sheets.

Several notes of fake foreign currencies littered the ground.

There are two houses in the compound with at least six rooms adorned with various statues to give the impression that the place is being used as a shrine. The walls were decorated with the group’s description of gods to scare victims.

Ismail Adesina, 43, who was arrested at the scene, said he did not know anything about the currencies and that the owners had escaped.

He said he was a herbalist and conman and that he had been involved in several financial crimes under the pretext of helping victims to cure ailments and barrenness.

Adesina added that the owners of the three vehicles were canvassers who combed the town to woo customers.

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