:The Bank of England gets about 35, 000 applications a year for replacement of mutilated notes, worth about ?0 million.
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In the dying days of Goodluck Jonathan's administration, the Central Bank scandal of cash tripping of mutilated notes also broke out, where it was revealed that in a four-day period, 8 billion naira was stolen directly by low-level workers in the CBN . This revelation excluded a crime that is suspected to have gone on for years and went undetected until revealed by whistle-blower.
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