Twist as Barclays safe owner Erick Adede says Ksh2 billion taken by DCI was genuine money

Twist as Barclays safe box owner says DCI took real money

Mumbi Mutuko

April 11, 2019 3:00 PM

New twist as safebox owner blasts the DCI

Erick Adede who was arrested after a safe deposit box registered in his name with Sh2b fake currency

Erick Adede, the owner of a safe box found at Barclays, wants the court to force DCI to produce it within 24 hours.

According to Adede, the Ksh2 billion cash found in the safe box was genuine although detectives had claimed the money was fake.

Through his lawyer, Martin Oloo alleged the DCI was illegally holding sums of monies which do not form part of charges he is facing.

Arrests

DCI boss George Kinoti had said the fake currency was deposited in November 2017 with sleuths questioning bank officials how the counterfeit dollars got through the bank’s system.

Sleuths had indicated that the fake notes in 100-US-dollar denominationswere found hidden in one of the bank’s safe boxes.

When the bust happened in March, the Daily Nation reported that a source within the police had claimed Adede might not have been acting on behalf of some powerful individuals in government.

Mumbi Mutuko