Political analyst Mutahi Ngunyi on Saturday opined that the move by the President Uhuru Kenyatta to phase out the Ksh 1000 notes was the right step to take to fight corruption.
Taking to social media, Ngunyi noted that the head of state had effectively outwitted the corrupt individuals.
"Instead of arresting thieves, Uhuru has outwitted them. By changing our currency, the guy who withdrew Ksh4 Billion from a Westlands bank in cash has 120 days to spend it or bank it," he tweeted.
The analyst explained that the corrupt individual with the loot would have to spend Ksh33 Million a day for the next four months or "4 Million an hour!"
Makueni Senator Mutula Kilonzo Jr also let his thoughts known on the move by the government that was geared to fighting corruption.
Drawing parallels to a similar move by India's government, the legislator noted, "India’s PM withdrew the 500 and 1000 rupees note from circulation in 2016. A few racketeers chose not to surrender their loot.
"In Kenya, the money in vaults may not be surrendered entirely, but the owners will be left with stationery in October. Touché," he conveyed.
Advocate Donald Kiprkorir also chimed in adding that there were ways to make the directive to make the phasing out of Ksh1,000 notes more effective.
"The CBK should direct that from now to October, 2019, all public donations including to churches, purchases in car bazaars and casino earnings must have Bank Issuer Certificate," he noted.
On the other hand, Rarieda MP Otiende Amollo expressed his disappointment in the design of the currency.
"I have seen the new notes unveiled. I’m personally persuaded they’re contrary to A. 231(4) of the Constitution, to the extent that they bear the image and portrait Of The founding President. Are we short of Images that depict Kenya? Thumbs down on this!"
