The old Ksh 1000 was demonitized on September 30th, 2019. 60-year-old Julius Mboga from Sirondho village in Gem, Siaya County, however, failed to meet the deadline and did not exchange his 1000 notes that are worth Sh500,000.
Mr Mboga’s family is now appealing to the Central Bank of Kenya Governor Patrick Njoroge to help him exchange Sh500,000 worth of the old 1,000 notes with new ones.
The man whose brother Joseph Ouko says may be mentally disturbed, is a retired mechanic from Brook Bond Kenya Limited in Limuru, he received Sh1.5 million retirement dues in January 2019.
The brother claims the state of his mental health could have triggered the confusion, and with the man not even speaking with the family face to face, attempts to have him change his money did not bear fruit.
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