The prime suspect in the fake money saga at Barclays Bank, Queensway branch Nairobi has been denied bail.

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 While delivering the ruling on Thursday, Resident Magistrate Zainab Abdulon directed the police to hold Eric Adede for five more day pending investigations. 

Adede, who is said to be the owner of the safe box where the fake Sh2 billion were found, was arrested alongside three other suspects.

The trio is Ahmed Shah, who pretended to be an international investor, Ms. Irene Wairimu Kimani, and Ms. Elizabeth Muthoni.

Adede, who unsuccessfully contested for the Homa Bay Town Constituency primaries in 2017, is an account holder with Barclays Bank.

The ruling came after the prosecution requested the court to give more time to review CCTV footage at the bank to ascertain certain facts before the hearing of the case.

The suspects will be held at the Kileleshwa Police Station as the prosecution gathers evidence against them. 

The prosecution had requested the court to grant it 10 days to find more information about Adede, who is the holder of a bank account at the Barclays.

The Prosecution initially requested for ten days but the magistrate ruled that the suspects be held for five days. 

Investigators intend to substantiate claims that the prime suspect.