15 June 2019

Kenya: Two Suspected Money Launders Arrested in Murang'a

Police in Murang'a County are investigating claims of money laundering after two people were arrested for allegedly 'lending' money to Mukuyu market residents.

Murang'a County Commander Josephat Kinyua said the suspects were seized on Saturday after locals told the police that they were issuing the old currency bank notes.


For one to qualify for the loan, the locals said, one has to submit a photocopy of one's identity card and be ready to repay the 'loan' in new currency bank notes at 10 per cent interest rate.

"We want to find out whether the residents' claims are true especially during this transition period from old currency notes to new currency bank notes, it could be a ploy to dispose of money acquired through dubious means," Mr Kinyua told the Nation.

However, the police boss said upon interrogation, the two, a man and a woman, claimed that they were registering members for a new micro-finance organisation which will advance loan to Murang'a residents.

Related Stories


Mr Kinyua said the two were interrogated and directed to report back to the police with original registration documents of the said micro-finance organisation as investigations continue.

"We want first to establish the details and the existence of the micro-finance organisation before we take action. People might come up with new tricks of money laundering," he added.


He said locals told the police that the suspects had started their business on Thursday. Mr Kinyua urged locals to continue volunteering information that could assist detectives unravel the truth.

Locals alleged that the suspects had on Thursday and Friday dished out cash to locals.

Some residents told Nation that the 'lenders' had told them that he they had offices in Juja and Ruiru.

"They had told us that they have offices in Ruiru and Juja and that they had given out cash to some of locals in Mukuyu market," said a resident.


Director of Public Prosecutions Orders Arrest of Treasury Chief Rotich

The Director of Public Prosecutions Noordin Haji has ordered the arrest of Treasury Cabinet Secretary Henry Rotich among… Read more »

See What Everyone is Watching

More From: Nation

Don't Miss

AllAfrica publishes around 700 reports a day from more than 140 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.