The head of Directorate of Criminal Investigations (DCI) George Kinoti says Sh2 billion in fake US dollars have been found stashed in bank client’s safe deposit box.
This is after Flying Squad officers on Tuesday pitched tent at Barclays Bank Kenya, Queensway branch, Nairobi, to investigate a fake currency syndicate that has taken the city by storm.
Accompanied by detectives from the DCI, the officers spent hours at the bank, with reports indicating that a customer had brought in a haul of fake cash.
The hitherto unnamed client is said to have been keeping fake dollars in one of the bank’s safes.
The man is said to have been bringing potential investors to the bank to see his ‘largesse’ and police suspect he was on a mission to defraud the businesspeople.
He was cornered by the officers on Tuesday morning after he came to check on his ‘wealth’.
Operations at the bank were temporarily disrupted as the contingent, which arrived in several vehicles, alighted, stormed the banking hall and started searching for the fake bills.
Banks offer clients safe deposit boxes to store vital documents such as title deeds, logbooks, marriage certificates, insurance policies, jewellery, foreign currency, educational certificates among others.
The investigations come barely a month after officers from the Special Crimes Prevention Unit seized a huge cache of fake currencies, foreign and local, that were hidden in a residential house in Ruiru.
Police told the press the fake currency amounted to Sh32 billion and did not reveal how they reached such a figure.
Ruiru Police Commander James Ng’etich said the money had been stacked in at least 20 metal boxes.
Among the currencies in the boxes were euros, pounds, dollars and Kenyan currency.
Three suspects — a couple and their female business associate — were arrested and charged in court.
By Daily Monitor