John Mbadi asks CBK to recall the Sh1000 note on August 1

The Orange Democratic Party chairman, John Mbadi has asked the Central Bank of Kenya to move the deadline for the legal tender of Sh1,000 to August 1, 2019.

This is contrary to his earlier statement where he was against the new currency note due to the presence of the first president Jomo Kenyatta’s portrait.

“It was not proper to have the portrait of the first president,” the minority leader of the National Assembly said.

The CBK Governor Patrick Njoroge on June 1, 2019 said the Sh1000 notes will stop being in circulation on October 1, 2019.

“According to a Gazette Notice dated May 31, 2019, all persons have until October 1, 2019, to exchange those notes, after which the older one thousand shillings banknotes will cease to be legal tender,” Dr Njoroge said in his Madaraka Day speech.

Former Kamukunji MP, Simon Mbugua and activist Okiya Omtatah have moved to court to petition the new currency notes. They are also against the use of the first president of Kenya’s portrait on the notes.

Mr Mbugua has also cited that there needed to be public participation.

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