Directorate of Criminal Investigation officers pounced and arrested a man in Kileleshwa, Nairobi, over fake currency on Thursday, September 5.
The officers, who acted following a tip-off, arrested Bobby Kariuki Kimani and impounded over Ksh200 million in fake US dollars, euros and pounds.
The suspect will be arraigned in court on Friday, September 6.
He will be charged with forgery, contrary to Section 367(a) of the Penal Code.
On Sunday, September 1, pedestrians along Ngong Road in Nairobi, stumbled upon a box full of counterfeit currency in what is becoming a familiar occurrence in Kilimani.
The fake currency which was in US dollars and euros was found dumped near Coptic Hospital, by passers-by who alerted the police in Kilimani.
It was established that $640, 000 (Ksh64 million) in fake currency was ready for distribution to the market while $2.4 million (Ksh240 million) was in different stages of processing, The Standard reported.
In July 2019, DCI detectives arrested three suspects, two who are in their teens, following a tip-off from the public.
The detectives seized fake Ksh1 billion US dollars at Fedha Estate, Embakasi in Nairobi.
One month later, Ex-Webuye West parliamentary aspirant, Peter Sitati, was nabbed by police in Eldoret with over Ksh100 million in euros and US dollars.
The money was reportedly seized in a house that is said to belong to Sitati, in Elgon View Estate.
The officers raided the home after a woman filed a complaint claiming the politician had defrauded her of Ksh 600,000.
