Kenyan police seize $20m of counterfeit banknotes from deposit box (Punch)

Kenyan police on Wednesday seized 20 million dollars of counterfeit banknotes that had been stored in a personal safety deposit box at a branch of Barclays Bank Kenya, the Directorate of criminal investigations said.

Police had also arrested six people, including two of the bank’s staff, the directorate said late on Tuesday in a statement posted on its Twitter account.

“Six people were arrested today evening by detectives in connection with fake currency amounting to slightly over 20 million dollars (at Barclays Kenya) Queensway Branch,” the statement said.

“The fake notes in 100 dollar denominations were recovered from the bank’s safe room.” Read more