Two foreigners believed to be linked to a Trans National counterfeit hard currency ring have been arrested.
Ousman Bako from Cameroon and Mohammed Sani alias Mustafa from Niger have been fleece unsuspecting persons colossal sums of money both within the country and across the borders, IG Joseph Boinnet said.
Boinnet said the two were arraigned in court after police received an intelligence report indicating some persons had been conned over Sh40 million in exchange of foreign currency that was shipped from Syria.
He said the two are believed to be kingpins “behind printing money in exchange of dollars which turn out to be fake”, adding CID officers recovered Sh70billion ($693,100,000) and Sh41billion (369million Euros) in fake currency.
“We recovered money printing machines, money cutters, scanners, five safes, two computers, chemicals, masks and foil paper,” he said in a statement on Monday.
Just last week, in an interview with an international newspaper, former Chief Justice Willy Mutunga said that Kenya is being run by cartels and mafia groups who deal in illegal businesses such as making fake money and drugs. (You can read more about that here )
According to the CJ, the counterfeit economy is worth $1.2bn annually according to the Kenya Association of Manufacturers.
Now check out the shocking images below;