Police in Nwoya are holding two men after being found in possession of counterfeit bank notes and a machine for printing fake money.
The Nwoya District Police Commander, Mr Filbert Waibi, identifies the suspects as George Amuko,41, and Cyprian Okello,34, both residents of Dog Aswa Village in Lungulu Sub-county, Nwoya District.
The police officer told this website today that the duo was arrested at Lukai trading centre on 24 this month at around 4pm following intelligence information that they wanted to start a produce business using counterfeit money.
Mr Richard Ojok Loka, the Dog Aswa village chairman said that the suspects were in the village for a week trying to persuade a resident to collude with them in the illegality.
Instead the resident reported the matter to the authorities leading to their arrest.
“It would have been worse especially on our local farmers if the suspects were to go on the ground and start carrying out their intended business using fake money,” said Mr Loka.
Section 365 of the Penal Code Act states that any person that makes, uses or knowingly has in his or her custody or possession any paper intended to resemble and pass as a special paper such as is provided and used for making any bank note or currency note commits a felony and is liable to imprisonment for seven years.