All cash at our counters, ATMs is safe - Barclays

In Summary

• CEO Jeremy Awori says two bank officials arrested have been released and are cooperating with detectives.

• Bank says it's not taking any new safe deposit boxes.

Barclays Bank Kenya CEO Jeremy Awori has sought to quell anxiety among customers following the fake cash saga.

In a statement released on Thursday, Awori said all cash dispensed over its counters and ATMs is genuine.

"We would like to reassure you that we have robust processes to ensure that all currency dispensed over our counters and ATMs is genuine and that items held in safe deposit boxes are separate from the bank deposits," Awori said.

However, the bank said it will not be taking in any new deposit boxes following the fake cash saga. 

It also said it will review existing ones.

Four suspects were arraigned in court on Thursday following the saga. 

They are Erick Adede, Ahmed Shah, Elizabeth Muthoni and Irene Wairimu Kimani.

The two bank officials who were initially arrested alongside the four suspects were released and will now be state witnesses.

They are Boaz Ochich and Charles Manzi.

Awori said the two are cooperating with detectives.

Police want to detain the four suspects for 10 days as they complete investigations.

The defence lawyers opposed this.

Awori

said the issue of fake cash is being taken "extremely seriously at the highest levels of the organisation".

"Sniffer dogs are now at major sites to ensure there is no threat posed by the items contained in the safe deposit boxes," he said.

"We continue to cooperate and assist the investigating authorities including proactively reporting and handing over a second safe deposit box owned by the customer under investigation," Awori said.

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