The Standard Group Plc is a multi-media organization with investments in media
platforms spanning newspaper print operations, television, radio broadcasting,
digital and online services. The Standard Group is recognized as a leading
multi-media house in Kenya with a key influence in matters of national and
international interest.
“We have been able to discover an international money laundering scheme that we believe has been going on for a while where people even give contracts to have the money printed for them,” said Ochieng'.
The contract seen by The Standard shows the deal involving “Group of Companies” with a postal address reading Washington DC.
The contract was signed on November 24.
Mr Ochieng', however, said the officers did not arrest any suspect, as the owner of the house had escaped by the time they gained entry to the property.
Yesterday, Ochieng' said there was a possibility that more fake notes were in circulation. He urged the public to be careful when transacting with Sh1,000 notes.
He said police would hunt down the suspect whose identity card was found in the house, to help them arrest his accomplices.
Ochieng' said the officers also seized bhang worth Sh350,000 at a house in Mshomodoni in Mtwapa.
He said a suspected dealer escaped before the officers stormed the house