Cases of fake transnational currency have been on the high rise in Kenya’s capital over the recent past.
Several cases have been reported with the cash being seized within this year alone.
Do you remember the case of the private box that was seized at one of Barclay’s Bank’s branches in Nairobi? Do you either remember the case of the fake cash that was again found at a house in Ruiru? How did the cases go? Were the suspects prosecuted?
Last year, another foreigner was again nabbed in Nairobi’s Westlands area with fake currency worth billions.
We have seen foreigners who have involved in this business being deported, but what happens to Kenyan nationals?
Today, at least 16 suspects are expected in court to face charges of being in possession of fake currency in Nairobi.
Officials have raised concerns over increased cases of seizure of fake currency in the country, with fears that Nairobi could be turning into a base for transnational fake cash.
The latest seizure happened on Sunday in Kilimani area, Nairobi where nine suspects including seven foreigners were arrested and fake currency with face value of Sh190 million recovered from them.
They were found in a house along Elgeyo Marakwet Road.
This came two days after another group of seven was nabbed with Sh300 million fake cash in a house in the same area.
The incidents come in the wake of a series of others that have been discovered in the past months in the country raising concerns as to why the trend continues.