CBK Governor Patrick Njoroge Responds to Concerns About New Currency

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The Central Bank of Kenya (CBK) has come out to respond to claims by several legislatures that CBK did not follow proper constitutional guidance in making of the new notes.

EALA MP Simon Mbugua has today moved to court to challenge the new general currency notes unveiled on June 1 during Madaraka Day celebrations in Narok.

MP Simon Mbugua claims that the CBK did not involve the public in the printing and unveiling of the new currencies.

The same sentiments have been shared by Rarieda  MP Otiende Amollo who has faulted the role out of the currency notes.

The Deputy President William Ruto allies also commented on the facing out of the new Ksh 1000 notes reading malice.

The Kikuyu MP Kimani Ichungwa said in order to fast track acquisition of money stashed in people’s houses, the deadline should be moved to July 1.

He argued that the October deadline is quite far, adding that the money should be released to develop the economy.

Image result for new bank notes

The Kikuyu MP said in order to fast track acquisition of money stashed in people’s houses, the deadline should be moved to July 1.

He argued that the October deadline is quite far, adding that the money should be released to develop the economy.

But the Governor Of the Central Bank Of Kenya Patrick Njoroge has come out to rubbish the claims by top politicians.

Governor Njoroge has also defended the Kenyatta International Conference Centre in the notes stating that it is iconic and it relates to everyone.

The Central Bank of Kenya has vowed to continue to releasing the new bank Notes to all banking institutions and all micro-financing institutions to reach all the people.

HERE IS WHAT  CBK SAID ON NEW CURRENCY

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