Golam Mostafa Jibon: A powerful syndicate of fake note traders has become active at different cattle markets in the country especially in Dhaka based markets ahead of Eid-ul-Azha despite different initiatives of the concerned law enforcers.
Though, the syndicate members perform for the year, they get activated during the both Eid festivals. Seasonal cattle traders basically become victims of swindling with the fake note traders at different cattle markets. Besides, other buyers and sellers almost become victims of cheating by them.
Fake notes amounting at around Tk 4.5 crore have been recovered by the law enforcers in last a month, while around Tk 6 crore of fake notes have been recovered in the last 19 months.
Police raided Bangshal and South Keraniganj areas of Old Dhaka on July 18 last and arrested three people along with counterfeit notes worth Tk 35 lakh and recovered various materials for making fake notes.
Earlier on June 30, RAB arrested six people from two houses in Mirpur and Bashundhara residential areas with fake notes worth Tk 4 crore. Besides, huge amount of counterfeit money was recovered from Boro Maghbazar of the capital on July 20 and Korotia Purbapara of Tangail Sadar Upazila on July 23.
Shafiqur Rahman, former Managing Director of Social Islami Bank said, “Fake note traders become active ahead of each Eid-ul-Azha as they choose the cattle markets as safer places for exchange of the fake notes. In addition, at least 400 to 500 fake notes are traced at bank in a year.
According to the statistics of Bangladesh Bank, at least 16,991 fake notes have been caught in the last 18 months, which worth is Tk 1,41,55,750. Of these, 12,450 are counterfeit notes of Tk 1,000. In the amount of money, which is Tk 1,24,50,000.
BB sources said, at least 8,366 cases related to counterfeit notes have been filed with different respective police stations across the country in the last two decades. Many cases have already been settled, while more than 2,000 cases are still under investigation.
Replying to a question, a senior official of BB said, witnesses do not come to court in most of the cases of counterfeit notes. If some of them come, the lawyers of the accused parties make a delay process. Consequently, the witnesses lose their interest in it. At one stage, the accused get release and engage again in the same misdeed.
Sources said, Bangladesh Bank has already finalized the draft of ‘Counterfeit Currency Control and Prevention Act, 2020’ with a view to prevent such trade.
Md Sohel Rana, Assistant Inspector General (AIG-media) of the police headquarters said, “Police are working hard to arrest the fake note traders in which they can’t spread the fake notes at cattle markets. We have already beefed up our surveillance ahead of Eid-ul-Azha. Besides, the steps to set up fake note detection booths at different cattle markets have been taken up to prevent the swindling.”