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Man said to be behind Sh2b in safe box charged and released on Sh2 million bond

By Faith Karanja | March 27th 2019 at 12:00:00 GMT +0300

Eric Adede, suspect in the Barclays bank fake money saga in the dock at a Milimani court. [George Njunge/Standard]

Four suspects in the Barclays Bank Sh2 billion fake money scam were yesterday charged with fraud.

Eric Otieno Adede, Mohamed Azaz alias Ahmed Shar, Mary Wanjiru Mwangi alias Elizabeth Muthoni and Irene Wairimu Kimani alias Charity appeared before Chief Magistrate Francis Andayi and denied the charges.

The four were arrested following the seizure of Sh2 billion in fake currency and bogus gold from the bank’s Queen’s Way branch last week.

The court heard that on March 19, 2019 at the said bank they attempted to defraud Muriithi Mbuthia of Sh20 million.

In the second count, Adede was charged with being in possession of $20 million in fake dollars.

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In the third count, Adede was charged with being in possession of minerals contrary to the law.

The court heard that he was found in possession of 41.373 kilogrammes of brass in contravention of the Mining Act.


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