Home Latest News Ahmednasir ‘Invents’ Smart Way of Taking Bribes as Old Ksh 1000 notes Become Obsolete

Ahmednasir ‘Invents’ Smart Way of Taking Bribes as Old Ksh 1000 notes Become Obsolete

by Mustafa Juma

Senior Counsel Ahmednasir Abdullahi has issued an advice on how bribes should be taken as the use of old Ksh 1000 notes come to an end after September 30.

The lawyer took to his official twitter account saying that the demonetisation of the old Ksh 1000 notes has taught the ruling elites an important lesson.

According to the lawyer, bribes should be taken in form of American Dollars.

“The demonetisation of the 1000 Kenya shillings notes has taught the ruling elites an important lesson…take your BRIBES IN AMERICAN DOLLARS,” he posted.

The government has vowed to tighten measures to ensure that illegally obtained monies is not sneaked into the formal financial system ahead of the October 1 deadline for all persons to surrender the old Ksh.1,000 currency notes.

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In June this year, Central Bank of Kenya Governor Dr. Patrick Njoroge said he will be holding talks with managers of foreign exchange bureaus and money remittance providers to put in place controls to prevent illicit financial flows.

Dr. Njoroge further pointed out that he will be communicating with other Central Banks across the region for collaboration in the fight against financial crimes in Kenya.

CBK gave the public until October 1 to exchange the old notes in a move seen as a fight against corruption and wanton siphoning of public resources.

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