Kenya police seize '$320m' fake money

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Some of the fake money found in a house Ruiru

Some of the fake money found in a house Ruiru on February 27, 2019. PHOTO | MARY WAMBUI | NATION MEDIA GROUP 

By DAILY NATION
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Detectives from Kenya’s Special Crimes Prevention Unit have on Wednesday seized a huge cache of fake currencies, foreign and local, hidden in a residential house in Ruiru, a dormitory town for the capital Nairobi.

Police told the press that the counterfeit currency amounts to Ksh32 billion ($320 million) but did not say how they concluded on such a figure.

Ruiru police commander James Ng’etich said the money had been stacked in at least 20 metallic boxes.

The fake currencies are in euros, pounds, dollars and Kenyan shillings.

Three suspects — a couple and their female business associate — have been arrested.

The fake cash was stashed in at least 20 boxes

The fake cash was stashed in at least 20 boxes that were found in the Ruiru house. PHOTO | MARY WAMBUI | NATION MEDIA GROUP

As investigations continue, the police have linked the money laundering syndicate to seven suspects who have been charged with defrauding a prominent Nairobi businessman by imitating President Uhuru Kenyatta’s voice.

The house in Ruiru where police seized cache of

The house in Ruiru where police seized cache of fake currencies and gold pieces on February 27, 2019. PHOTO | MARY WAMBUI | NATION MEDIA GROUP





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