The office of the Directorate of Criminal Investigations (DCI) George Kinoti is probing an incident in which Sh 2 billion fake currency was discovered at Barclays Bank Kenya, Queensway branch, Nairobi on Tuesday.
The currency, which was in the form of US dollars, was found after detectives stormed the bank.
City Lawyer Donald Korir in a tweet noted that if investigations reveal that Barclays was guilty, then the Central Bank of Kenya will have no option, but to shut down the bank.
“If money stolen from Arror and Kimwarer Dams was wired back to Kenya through Barclays Bank Westlands Branch to be collected by Political Thieves & If it’s true Kshs. 17B in Fake Currency was found in Barclays Queensway, then CBK has no choice but close Barclays (ABSA) in Kenya,” he said.
Flying squad officers spent several hours at the bank before the discovery was made.
The amount was allegedly stored in one of the safes at the bank by a client.
Anonymous says
That would obviously hand the Kenyatta family bank( Commercial Bank of Africa) another big market share in the banking sector. I think someone big is playing dirty games against Barclays Bank with the intention of having it shut down by tarnishing it’s reputation. Barclays Bank is a global bank with net assets worth $200 trillion and the 8 largest bank in the world.
Barclays Bank does not need Kenya.
Anonymous says
CLOSING BARCLAYS BANK IN KENYA WILL NOT SOLVE THE FAKE KENYAN CURRENCY PROBLEM AT ALL!!
WHY ? BECAUSE A BRITISH COMPANY BY THE NAME “DE LA RUE” IS IN CHARGE OF PRINTING THE KENYAN CURRENCIES!!
REPEAT, A FOREIGN COMPANY HAS BEEN GIVEN THE AUTHORITY BY THE CORRUPT KENYAN RULING ELITES TO PRINT THE REPUBLIC OF KENYA CURRENCIES!!!!!
YOU CAN PONDER OVER THIS NOTION FOR A WHILE AND FIND OUT HOW MANY OTHER INDEPENDENT SUB-SAHARAN AFRICAN COUNTRIES HAVE THEIR CURRENCIES PRINTED IN FOREIGN LANDS!
WHAT IF THESE FOREIGN CURRENCY PRINTING COMPANIES DO NOT HAVE THE BEST INTERESTS OF THE CITIZENS OF COUNTRIES WHOSE CURRENCIES THEY ARE AUTHORIZED TO PRINT??
IT IS A VERY HIGH ECONOMIC SECURITY RISK AND VERY, VERY SCARY, INDEED!
Anonymous says
REALLY??