Friday, April 19, 2024
Home > Markets > Currencies > New Kenya Bank Notes Are ‘Illegal’
CurrenciesFeaturedMarkets

New Kenya Bank Notes Are ‘Illegal’

Some Kenyan opposition politicians have called the new bank notes introduced over the weekend unconstitutional as they use the image of former President Jomo Kenyatta, privately-owned Daily Nation reports.

One side of the notes features a statue of Mr Kenyatta rather than a formal portrait:

Amani National Congress leader Musalia Mudavadi is quoted as saying that the image “violates the law”.

“Someone clever decided to sneak in the face of Kenya’s first president,” National Assembly minority leader John Mbadi said, according to the Daily Nation.

The new notes, which are intended to tackle corruption and fraud, have also caused a lot of controversy as the old 1,000 Kenya shilling note (worth $10 or £8) will be withdrawn from October.

People who may have illicitly stored cash in the 1,000 shilling notes will now have to take them to the bank or risk losing their money.

Leave a Reply

Your email address will not be published. Required fields are marked *