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Something is not adding up with these huge fake currency hauls. If there was that much fake currency around, we would be encountering it more frequently in circulation. Could this be a cover for confiscating a certain politician’s cash hoard? Just wondering.
Assuming its all 1k notes, this 17b equals 8% of all 1k notes in circulation (Sh.210b as per CBK data). Another haul in Ruiru haul was Sh. 32b in multiple currencies incl Ksh. If only Sh. 3b in Ksh, we talking over 10%, one out of every ten 1k notes? What I’m I missing?
Now, lets talk counting. Google research tells me machines count on average 1000 notes a minute. Works out to 283 machine hours without reloading, lets say 300 hours with reloading. 12 machines, for 24 hours non-stop. Is DCI daft, or they are telling us something?
