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Cleric, two others arrested for allegedly dealing in fake dollars, others

By Adekunle Jimoh, Ilorin The Ilorin Zonal Directorate of the Economic and Financial Crimes Commission (EFCC) is currently holding a self-acclaimed cleric Umar Mikailu Shuaibu and a-51-year-old Akilu Salisu for

Cleric, two others arrested for allegedly dealing in fake dollars, others
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The Nation
April 4, 2026·2 min read

By Adekunle Jimoh, Ilorin

The Ilorin Zonal Directorate of the Economic and Financial Crimes Commission (EFCC) is currently holding a self-acclaimed cleric Umar Mikailu Shuaibu and a-51-year-old Akilu Salisu for alleged involvement in the circulation of counterfeit foreign currencies, including United States Dollars and Pounds Sterling.

Also in the EFCC custody is Salisu Nura.

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Nura and Shuaibu were initially arrested by operatives of the Kwara State Command of the National Drug Law Enforcement Agency (NDLEA) during a stop-and-search operation on January 27, 2026, and were subsequently handed over to the anti-graft agency for further investigation and possible prosecution, it was gathered.

READ ALSO: 2027: Confusion as Wike’s loyalists put ambitions on hold

The EFCC said: "During the operation, Nura was found in possession of 435 pieces of counterfeit $100 notes and 378 pieces of counterfeit £50 notes.

"Preliminary investigations revealed that the counterfeit currencies were intended for delivery to Shuaibu, while Salisu was identified as the final recipient in the distribution chain.

"Further investigation into Shuaibu's account with a digital payment platform uncovered multiple suspicious transactions amounting to over N5 million, for which he could not provide satisfactory explanations.

"The suspects will be arraigned in court upon the conclusion of ongoing investigations.”

Tags:fake dollars
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