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Six arrested in Moroto for passing millions in counterfeit money

Police in Moroto is holding six men accused of being in possession of and transacting business using counterfeit currency.

The suspects, whose identities have been withheld by police for fear of jeopardising their investigations, were picked up on Monday night from Acholi Inn, Katanga and Campswahili villages in Moroto municipality.

Moroto district police commander Michael Ongwara says the suspects were found in possession of counterfeit currency amounting up to Uganda shillings 26,840,000 and Kenya shillings 331,000.

Ongwara says the money was in the denominations of Shs 50,000 and 20,000 and Kshs 1,000 notes. He says two other suspects are still at large as they fled from the scene when police picked up their colleagues.

He notes that police started investigations after one of the suspects was found with Shs 40,000 two weeks ago. 

Among those arrested are Karimojong and Bamasaba tribesmen. Paul Lokii, a resident of Acholi Inn, says the conmen prioritised cattle trade using attractive prices and duped many into selling their cows.

He told URN that the group has been buying cattle from Naitakwae market and other markets in the area including villages. 

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