Barclays bank says the Ksh 2 billion FAKE CURRENCY was not in their hands

Barclays bank has released a statement saying the Ksh 2 billion intercepted at their Queensway branch was not in their hands,but that of a customer.

Through a statement,the bank said “Further to our statement,Barclays bank can confirm that police have taken in the customer for further questioning.The customer had concealed fake currency in his personal safe deposit box against the bank’s rules and regulations which include restrictions of items which can be held in the safe deposit box.”

Barclays bank in the usual course of business offers safe deposit boxes.The contents of personal safe deposit boxes are not part of the bank;s deposits and are only known to the client. We continue to fully cooperate and assist the authorities with this investigation.” Read the statement


Earlier in the day,detectives from Flying Squad and the Directorate of Criminal Investigations stormed into Barclays Bank, Queensway branch, located on Mama Ngina Street at 1pm.

The fake currency was first estimated to be worth Ksh 17 billion but it was later confirmed to be Ksh 2 billion. The fake currency is in US dollars.

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