Nairobi: 29-Year-Old Man Arrested with Fake US Dollars Totaling Sh1.5 Billion

Detectives from Directorate of Criminal Investigations (DCI) on Tuesday seized fake United States dollars amounting to more than Sh1.5 billion in Nairobi.

The counterfeit currency notes were found packed in a black bag and stashed in a room at Eden House Flats in Pangani Shopping Centre in Nairobi, according to DCI.

A 29-year-old suspect identified as Yassin Ahmed Osman was arrested in the intelligence-led operation and has been detained pending arraignment on Wednesday.

“DCI Starehe Detectives are pursuing the case to neutralize the entire chain of perpetrators,” the statement by DCI read.

A month ago, detectives arrested three suspects in Ruiru, Kiambu County with Sh102.2 million in fake currency. The counterfeit notes and a chemical used to clean the money were recovered after DCI detectives raided a house following a tip-off from members of the public. Police have warned Kenyans to be aware of fake notes in circulation.