Fake News: No, there are no fake banknotes of XOF5,000 and XOF10,000 circulating in the WAMU

Economic governance
Tuesday, 21 April 2020 16:23
Fake News: No, there are no fake banknotes of XOF5,000 and XOF10,000 circulating in the WAMU

(Togo First) - Fake news being spread online states that some “banknotes of XOF10,000 and XOF5,000 with false serial numbers” are circulating in the West African monetary union. The news which supposedly originates from the Central Bank of West Africa (BCEAO) which prints the notes urges people in the region to no more accept the notes (bearing the A, N, S, and T serial numbers). 

The information was denied by the BCEAO which added that reliable information can be found on its official website. 

For those behind the scam, the BCEAO says it will bring them to justice as their actions hurt the trust of the populations as well as the currency which is used across the West African monetary union. 

Ayi Renaud Dossavi

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