The Ksh.40 coin is a forgotten currency in the attempts by the Central Bank of Kenya to role out new currency.
Although the circulation of ksh.40 coin is low, but it does not cease to be a Kenyan currency. CBK has not issued a bold statement about the fate of ksh.40 coin.
Narok Senator Ledama Olekina has questioned the fate of the ksh.40 coin.
The ODM Senator has stated that Central Bank of Kenya Governor Patrick Njoroge has never talked about it.
He has gone ahead to shift the debate from the legibility of the ksh 1000 note which contains the statue of Mzee Jomo Kenyatta to the ksh. 40 coin which also has the image of Former President Mwai Kibaki.
The question of the statue of Mzee Jomo Kenyatta has elicited a lot of reactions. According to Rarieda MP Otiende Amollo, it is unconstitutional for any currency of Kenya to have an image or portrait on the face of the coin or note.
Otiende Amollo: The major issue is the image of the new notes; Article 231 is very clear and does not allow anyone’s portrait on the face of the notes or coins.
The new notes show a clear representation of the founding father on all the notes which to me is wrong #DayBreak pic.twitter.com/8Z7nCt3U45
— Citizen TV Kenya (@citizentvkenya) June 3, 2019
David Ndii, who drafted Chapter 12 of the constitution, also states that It is deliberate mischief, impunity and contempt for the people to have the image on the currency.
I drafted Chapter12 of the Constitution. Kenyans debated but could not agree on which heroes deserved to be on the currency so they settled on none. The Kenyatta image offends that spirit. It is deliberate mischief, impunity and contempt for the people— the hallmarks of Uhuru.
— David Ndii (@DavidNdii) June 4, 2019
Due to many concerns on the new currency, the High court directed the Chief Justice David Maraga to form a three bench Judge to look at the petitions being filed. Already their are two petitions in court challenging the role out of the new currency.
High Court has requested CJ Maraga to form a three-judge bench to hear cases seeking to stop issuance of new currency notes. #TheDailyBrief with @SamWNjoroge pic.twitter.com/2mkhAJ6Krh
— K24 TV (@K24Tv) June 4, 2019
This comes as the Central bank of Kenya maintains its ground that it followed all the constitutional procedures being unveiling the new currency.