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.
Banks have a shortage of Sh200 notes. [iStockphoto]
The Cabinet Secretary for the Ministry of Interior Dr Fred Matiang’i has claimed that banks have a shortage of Sh200 notes as politicians withdrew the cash to bribe voters.
Speaking during the launch of the report of the National Risk Assessment on Money laundering and Terrorism Financing taskforce, Matiang’i noted that most of this money is dirty money that is simply being laundered.
Premium Article
Get Full Access for Ksh299/Week.
Fact-first reporting that puts you at the heart of the newsroom. Subscribe for full access.