Barclays Bank Freezes Opening Of New Safe Deposit Boxes

police arrested barclays atm heist
Barclays Bank. /Courtesy

Barclays Bank of Kenya has announced the freezing of opening of new safe deposit boxes until further notice.

The bank has also noted that they intend to review existing ones following the discovery of fake Ksh2 billion stashed in a client’s safe deposit box in the bank.

On Tuesday, the Directorate of Criminal Investigations (DCI) found Ksh2 billion in US dollars in one of their client’s safe deposit box.

Accompanied by detectives from the DCI, the flying squad officers spent hours at the bank, with reports indicating that a customer had brought in a haul of fake cash.

Read: Police Seek To Hold Sh2 Billion Fake Currency Suspects For 10 Days

A statement issued by Barclays Bank that Tuesday night noted that the customer had concealed the fake currency which is against the lender’s rules.

The statement read in part: “The customer had concealed fake currency in his personal safe deposit box against bank rules and regulations which include restrictions of items that can be held in the safe deposit box.

“The contents of personal safe deposit boxes are not part of bank deposits and are only known to the client,” the bank affirmed.

Additionally, the bank declined to reveal the identity of the customer in question.

On Thursday, the High Court denied the four arrested suspects bail,affirming that they will remain in remand until Tuesday.

Email your news TIPS to or WhatsApp +254708677607. You can also find us on Telegram through

Written by Jael Keya

One Comment

Leave a Reply

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Burial Of Kenyan Doctor Who Died In Cuba Set For Friday

assa nyakundi

Autopsy Report Suggests Confrontation Before Lawyer Assa Nyakundi Shot Son