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Smuggled counterfeit dollars worth $2 million intercepted at Entebbe International Airport

by WINNIE NAKAMATTE | REPORTER
28/12/2024
in Business, News
Reading Time: 2 mins read
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Counterfeit US dollars seized by security personnel at Entebbe International Airport are seen stacked in one of the 40 metallic cases recovered during the operation
Counterfeit US dollars seized by security personnel at Entebbe International Airport are seen stacked in one of the 40 metallic cases recovered during the operation

Kampala, Uganda – Ugandan authorities have seized $2 million in counterfeit US currency and arrested three individuals in connection with the crime, following a raid on a garage in Entebbe Municipality.

The raid, which was carried out by the State House Anti-Corruption Unit (SH-ACU) and other law enforcement agencies, was the culmination of months of surveillance.

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According to sources, the counterfeit currency was smuggled out of Entebbe International Airport on December 17, after being held there since May. The suspects had attempted to disguise the fake currency by adding soil to the boxes to make them appear heavier.

The investigation team, which included officials from SH-ACU, Entebbe police, and the Uganda Civil Aviation Authority (UCAA) security, searched the garage and discovered 40 large and medium metallic boxes containing the suspected counterfeit US dollars.

In addition to the counterfeit currency, authorities also recovered several boxes containing useless items, including empty crates of soda and beer, which were falsely labeled as goods in transit.

The arrests are the latest in a series of crackdowns on counterfeit currency and fraud in Uganda. The government has been working to strengthen its anti-counterfeiting laws and improve coordination between law enforcement agencies to combat the problem.

The seizure of the counterfeit currency is a significant blow to the criminal networks involved in the production and distribution of fake currency. It is also a major victory for the Ugandan authorities, who have been working tirelessly to disrupt and dismantle these networks.

The investigation is ongoing, and authorities are working to identify and apprehend other individuals involved in the counterfeiting ring. The three suspects arrested so far are expected to face charges related to counterfeiting and fraud.

The Ugandan government has warned citizens and foreigners to be vigilant and report any suspicious activities related to counterfeiting and fraud. The government has also pledged to continue working to strengthen its anti-counterfeiting laws and improve coordination between law enforcement agencies to combat the problem.

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Tags: Counterfeit currencyCounterfeit US currencyCurrency seizuredealing a significant blow to transnational organized crime networksEntebbe International AirportFake dollarsFinancial Crimelaw enforcementSecuritySecurity personnel at Entebbe International Airport seize $2 million in counterfeit US currencyTransnational organized crimeUganda

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