Two arrested with fake Malawi Kwacha currency

Two persons were caught red-handed with a bundle of counterfeit currency notes, Police have said.

According to Dowa Police station spokesman Richard Kaponda the two suspects Aaron Banda 35, and 45 year-old Gabriel Yotamu were found in possession of fake K1,000 notes amounting to K5,000.

Kaponda said the two were arrested during the night of July 19 after the police officers conducted a sweeping exercise on a tip that some men were circulating fake K1000 notes.

“After completing the exercise at the Dowa Boma, officers went to the suspect’s respective houses and upon searching; they found Yotamu in possession of K1000 notes amounting to K3000, while Banda was found with two fake K1000 notes,” said Kaponda.

The two will appear before Dowa Magistrate Court soon to answer a charge of being found in possession of fake currency which are contrary to Section 23 (2B) of the Reserve Bank Act and attracts a maximum sentence of seven years imprisonment with hard labour.

Yotamu, a former shop assistant at Dowa Chipiku Depot, is never short of fake currency mischief.

He was recently arrested in Kasiya, Lilongwe on suspicion that he was found in possession of fake K1000 notes amounting to K65, 000 but was released on bail.

Yotamu comes from Katembo Village in Traditional Authority (TA) Kayembe, while Banda, who sells dried fish at Dowa market, hails from Sambani Village, TA Dzoole in the same district of Dowa.

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