Police in Kyaziiza, Bukomasimbi district, are holding a man identified as only Kagimu, a resident of Kayunga in Kiganga town council, for being in possession and circulating counterfeit money of UGX 50,000 to different residents in Bukango sub-county.

According to the OC CID, Kyaziiza police station, preliminary investigations indicate that the suspect has been under investigation for a long time over circulating fake money.

“The suspect was arrested with counterfeit notes worth UGX 50,000 of UGX 1 million Ugandan shillings,” the OC in charge of Kyaziiza police station said.

Upon completion of investigations, the suspect will be aligned in the courts of law for prosecution. The police also advised residents, especially those in business, to be more vigilant and report anyone suspected of circulating fake money immediately.