Phalombe man arrested over fake currency possession

By Chisomo Phiri

Malawi Police in Phalombe are keeping in custody a 23-year-old Maxwell James for allegedly being found in possession of fake currency.

Public Relations Officer(PRO) for Phalombe Police Sergeant Jimmy Kapanga has told 247 Malawi News that on Saturday December 9,2023, the suspect visited Airtel and TNM Mpamba Kiosks at Mulomba Trading Centre to deposit cash amounting to K155, 000.00.

He says after the transaction was successfully done,James produced suspicious bank notes which the agent discovered were counterfeit.

“The matter was reported to Mulomba Police Unit, who rushed to the scene and arrested the culprit.

“When searched, he was found with fake bank notes in MWK 5, 000 denominations amounting to K 240, 000.00 bearing serial numbers CC 00600079,GA 06009109, AC 06088120, and GG 0670998,”says Kapanga.

Police have since seized the fake bank notes; pending verification by Reserve Bank of Malawi(RBM).

James who hails from Wahera Village, Traditional Authority(T/A) Chiwalo in the district is expected to appear in court to answer the charge leveled against him after completion of paper work.