Her remarks, shared widely on social media, sparked conversations about transparency, political financing, and the motivations behind potential currency reforms.
According to Orwoba, the push for a higher-denomination banknote is linked to concerns surrounding election funding. She argued that the creation of a KSh5,000 note would make it easier for powerful political networks to move funds discreetly during the period leading up to the 2027 General Election.
Her comments suggested that individuals within influential government circles may be seeking ways to manage large amounts of cash more conveniently as the campaign season approaches.
The allegation touches on a subject that has frequently drawn public interest: cash-based political mobilization.
Kenya has long struggled with claims that elections attract substantial unregulated spending, often moved through informal channels.
With inflationary pressures and economic constraints shaping current discussions, the idea of introducing a larger banknote has been met with mixed reactions, even before Orwoba’s statement elevated the matter to national attention.
Financial experts have previously raised concerns about the risks associated with high-denomination notes, arguing that such currency can make illicit transactions more difficult to track.
Others maintain that the introduction of new currency forms should be grounded in economic needs rather than political considerations.
Orwoba’s remarks revived those debates, drawing strong reactions from Kenyans who quickly took to online platforms to share their views.
Her statement also rekindled past conversations around State House-linked political operatives, commonly referenced during discussions about election financing.
While no official communication has confirmed any plans by the Central Bank of Kenya to introduce a KSh5,000 note, the viral nature of the claims has placed pressure on relevant institutions to offer clarity.
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Politics