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Uganda: Police Arrests Counterfeit Money Makers in Masaka
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The Monitor (Kampala)
13 May 2008
Posted to the web 12 May 2008
Michael J Ssali
Masaka
Police have arrested a man in Lukaya Town, Masaka District, in connection with counterfeit money.
Mr Katanza Nsubuga, a butcher in Magezi Cell in Lukaya Town was arrested after a tip off from its informers that Mr Nsubuga and a few others were making counterfeit five hundred shilling coins. Masaka Regional Police Commander Andrew Serowen paraded Mr Nsubuga before the press on Thursday.
Mr Sorowen said the police got information that some people in Magezi Cell were making counterfeit coins. He said they searched the houses of Mr Nsubuga and another one only known as Mr Kiberu.
Shillings 5,500 and counterfeit money-making equipment were found in Mr Kiberu's house. Police is still looking for him.
Police found a total of Shs59,000 in fake five-hundred shillings coins, a stove, a hammer, spoons, aluminum pieces and metal stamps used to print all the Bank of Uganda images on the counterfeit coins in Mr Nsubuga's house.
Mr Sorowen said the suspects get the aluminum from old car batteries. They allegedly heat up and melt the aluminum from the battery terminals, which they then turn into counterfeit money coins.
Mr Nsubuga said he was innocent. He claimed it was a woman he was living with who was making the counterfeit coins but that police had failed to locate her.
"You see that piece of cloth there?" he asked. "It's the owner of that cloth who made those coins. Not me."
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Mr Sorowen said Mr Nsubuga was to appear in court to answer charges of minting counterfeit money, silvering coins, and melting metal for coining.
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