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Case Watch: CBK Wins High Court Case on Demonetization of Old 1000 Ksh Notes

"But it is from a sense of individual duty that we connect the greater good and the interests of the community" ~ Tony Blair

The demonetization campaign by the Central Bank of Kenya, though a big conversation in the last four months, is set to be a big step in the fight against corruption as well as an attempt to give the economy a much-needed jolt in the arm. The  Petitions No. 210 and 214 of 2019 Simon Mbugua & another Vs CBK and 2 others set a standard on the responsibilities that the Central Bank has to undertake in keeping to its mandate of maintaining a productive monetary policy. Click on the link below for the judgement outlining the issues raised in the petition and the High Court's decision thereof.

 

 

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