Man Arrested With Bags of Cash Along Isiolo-Moyale Highway
A man has been arrested along Isiolo-Moyale Highway with a bag full of cash. Mr. Samuel Sepuko believed to be an employee of Samburu County was found with Ksh. 1,099,000 in one thousand bills. He was driving a prado with Samburu County registration number.
It is still unknown where the money came from as he was unable to explain. The police are currently holding him for questioning.
This comes a day after the central bank declared October 1st as the last day the shilling 1000 note will be accepted as a legal tender. This is thought to deal a blow to people e suspect to be hoarding large chunks of money at home alleged to be illicit proceed. It is thought this will help fight corruption as countries like Malaysia and South Korea have done previously.