Saturday August 31, 2019-Crime busters at Directorate of Criminal Investigations (DCI) are probing cases of suspicious cash transactions that have been flagged by banks during the ongoing demonetisation of Sh1,000 note.
In a statement, Central Bank Governor Patrick Njoroge said some of those cases are of people who wanted to change more than Sh5 million to new currency notes.
“We have shared the information we have gathered so far with the DCI for further investigations. Our role as the regulator is to work with the investigating agencies to ensure that we achieve our goal,” Dr. Njoroge said during an interview on Citizen TV.
He said investigations on people holding illicit money, including those hiding the cash in their houses, would continue even after the old notes are phased out by October 1st.
The Kenyan DALY POST