RUTO and his allies are wetting pants over CBK directive of banning Sh 1000 notes – See what KHALWALE said.

Monday June 3, 2019-Former Kakamega Senator, Dr Boni Khalwale, has joined other Tanga Tanga leaders in opposing the Central Bank of Kenya (CBK) directive of phasing out old Sh 1000 note on October 1, 2019.

On Saturday, CBK governor, Dr Patrick Njoroge said the current Sh1,000 notes will be phased out by October 1st, adding that Kenyans should start surrendering them.

Speaking on Monday, Khalwale who is a close ally of Dputy President William Ruto said that he was given the old notes in Kakamega Cooperative Bank despite the directive by the CBK boss.

"Am at the Kakamega branch of Cooperative Bank of Kenya. They have just paid me in the 1000 shilling denomination that Kenyans were ordered to surrender! CBK must stop this contradictions! Otherwise revert to the international best practices of currency replacement," Khalwale stated.

Another Ruto’s confidante who opposed the CBK directive is East Africa Legislative Assembly MP Simon Mbugua who went to court saying the move is unconstitutional.


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