Officers from the Special Crimes Prevention Unit have on Wednesday seized a huge cache of fake currencies, foreign and local, that were hidden in a residential house in Ruiru.
Police told the press the fake currency amounts to Sh32 billion and did not reveal how they reached such a figure.
Ruiru Police Commander James Ng’etich said the money had been stacked in at least 20 metal boxes. Among the currencies in the boxes were euros, pounds, dollars and Kenyan currency.
Three suspects — a couple and their female business associate — have been arrested.
On Wednesday, the seven suspects; Joseph Waswa, Duncan Muchai, Isaac Wajekeche, William Simiyu, David Luganya, Gilbert Kirunja and Anthony Wafula, pleaded not guilty to charges of conspiracy to defraud and were released on a Ksh.100,000 cash bail each.