Police in Kilimani, Nairobi County, have arrested two men who were found in possession of fake currencies amounting to KSh750 million.
Samuel Maina and Boniface Mungai were arrested on the night of April 27 at an apartment in Kilimani area where they had stuffed the ‘money’ (Kenyan, US and Euro bills) in metal boxes.
Police also recovered several chemicals, fake badges bearing names of UN, Dela Rue and National Treasury, and several safes. The duo was also in possession of machines, two bottles and a jerrycan containing an unknown liquid, assorted documents, customs reflector jackets, stickers and stamps for various offices with their seals.
According to the police, the money recovered was KSh1,000 notes totaling KSh6.4 million, US 100 bills amounting to 6.82m, and Euros of 100 bills amounting to the same.
Police warn against fake money dealings
Nairobi Police Boss Augustine Nthumbi says the two were planning to con unknown banks and customers. Investigations into the matter has started to establish if the money has circulated in the market so far.
“We warn anyone against handling such money. It is criminal and has a bad impact on the economy,” Nthumbi said.
This is not the first time police have smoked out fake money suspects in Kenya. In September 2019, KSh300 million in fake currency was found abandoned on the roadside along Ngong Road, Nairobi.
In May 2019, nine suspects were arrested in Kilimani area, with fake KSh190 million ($1.9M) seized from them.