President Uhuru Kenyatta has today unveiled the new banks notes which bare an image of the iconic Kenyatta International Convention Centre (KICC) and Mzee Kenyatta’s statue found in the middle of the fountain.
Uhuru unveiled the notes in Narok during the Madaraka Day celebrations.
Uhuru unveiled the notes together with Central Bank of Kenya(CBK) Governor, Dr Patrick Njoroge.
During the unveiling, Dr Njoroge said the new notes will circulate alongside the old ones but put a deadline for the circulation of old Sh1,000 notes.
“We have assessed the grave concern that our large bank notes, particularly the older Sh1,000 series, are being used for illicit financial flaws in Kenya and also other countries in the region. To deal with those concerns, all the older Sh1,000 series shall be withdrawn by a Gazette Notice dated May 31, 2019, all persons have until October 1, 2019 to exchange those notes, after which the older Sh1,000 bank notes will cease to be legal tender,” Njoroge said.
Uhuru’s government made the move after realizing that corrupt men in both national and county governments are hiding billions in Sh 1000 notes in the houses.
Here is a list of men and women who are being targeted by Uhuru’s Sh 100o note withdrawal.
1. Deputy President William Ruto and his officers
2. Harambee House mafias
3. All the 47 governors but mostly , Kiambu Governor , Ferdinand Waititu and Kirinyaga Governor , Anne Waiguru.
4. Kenya Revenue Authority (KRA) commissioners and managers.
5. High Court , Court of Appeal and Supreme Court Judges.
6. Magistrates and Court officials
