National
21-year-old Panganani William in custody over fake currency possession
By Chisomo Phiri
A 21-year-old young man Panganani William is in police custody in Mangochi for being found in possession of fake Malawian banknotes amounting to K300,000.
Mangochi Police station spokesperson, Sub-Inspector Amina Tepani Daudi confirmed Panganani’s arrest on Thursday saying the detectives were on Monday evening tipped by members of the community that a man was spotted at Mangochi main market buying food commodities using the fake notes.
She said following the tip, a team of detectives rushed to the place and apprehended him after he was found with the fake bank notes in K5,000 denomination bearing AE3726680 and AA4725124 serial numbers in his pocket.
According to Daudi, the suspect has since been charged a case of being found in possession of papers imitating Malawian currency and will appear before court after completion of paperwork.
He hails from Katumbu Village, Traditional Authority Kachenga in Balaka district.