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Kenyan police seize $20 million of counterfeit banknotes from deposit box [Reuters (UK)]

Barclays (BCS)  More Company Research Source: Reuters
PDF Kenyan police seize $20 million of counterfeit banknotes from deposit box | Reuters 2 Min Read NAIROBI (Reuters) - Kenyan police have seized $20 million (£15 million) 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 (at Barclays Kenya) Queensway Branch,” the statement said. “The fake notes in $100 denominations were recovered from the bank’s safe room.” A Reuters witness saw a crowd gathered outside the branch on Tuesday, shouting angrily and demanding officers reveal their identities. Barclays Kenya, part of South Africa’s Absa Group, confirmed on Tuesday that police had seized fake currency [Read more]

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