This archive report was first published on 19 September 2019.
As the deadline for the demonetisation of old Sh1,000 notes approaches, the Director of Public Prosecutions (DPP) Noordin Haji has directed the Ethics and Anti-Corruption Commission (EACC) and the police to preserve the monetary value of old Sh1,000 notes held as exhibits in court.
According to a memo dated September 12, 2019, Haji directed the agencies to have the cases where the old Sh1,000 bank notes are being held as exhibits mentioned in their respective courts to enable the courts to make appropriate orders to facilitate demonetisation.
“This move aims to preserve the monetary and evidential value of the exhibits in court. You should file a report on the said cases before September 30, 2019,” said Haji.
The two agencies have about Sh50 million held as exhibits, and those handling the old banknotes are supposed to photocopy the notes before handing them over to banks for demonetisation.
It is worth noting that the old Sh1,000 notes will be obsolete from October 1, 2019, and the Central Bank of Kenya (CBK) is conducting the demonetisation process.
Published on September 19, 2019, at 1:33 PM.
