Barclays CEO assures safe banking for customers

Barclays Bank of Kenya has affirmed that all currency dispensed over the counters and ATMs is genuine dispelling the anxiety caused following the Sh2bn fake cash saga at its Queensway branch.

In a statement, CEO Mr Jeremy Awori said the bank had put in place tough measures to ensure that the items stored in the safe deposit boxes are not tampered with, adding that the items in the safe deposit boxes are separate from the bank deposits.

“We continue to cooperate and assist the investigating authorities including proactively reporting and handling over a second safe deposit box owned by the of the customer under investigation. ” he said.

The bank also said it would not take any new safe deposit boxes as a precautionary measure against criminal risks associated with the use of the service.

“We have taken a decision not to take any new safe deposit boxes and are working with our clients to review the existing safe deposit boxes,” Mr Awori added.

Four suspects were initially arraigned in court on Thursday following the fake cash saga. Two bank officials who had been taken for questioning have been released and are cooperating with the investigating authorities as state witnesses.