Over Ksh.100M confiscated from Nigerian man to be deposited at CBK
Published on: December 09, 2020 01:53 (EAT)
Over Ksh. 100million that was confiscated from a foreigner at the Jomo Kenyatta International Airport (JKIA) is to be deposited at the Central Bank of Kenya. On Wednesday, the High Court ordered that the CBK take custody of the money pending investigations into an alleged money laundering scheme. Detectives based at the airport had discovered the money inside a suitcase belonging to a Nigerian man. According to the Directorate of Criminal Investigations, the man was headed to Dubai from Nigeria. The DCI said the currencies found in his possession include $880,000 (Ksh. 98,128,800), €60,000 (Ksh. 8,111,282) and 63,000 Naira (Ksh. 18,426). “To effectively investigate the matter, DCI Transnational Organized Crime Detectives (TOCU) are working with the Asset Recovery Agency (ARA). The seized cash is believed to be from International Criminal Cartels,” the DCI added.