Kenya Tightens Grip on Illicit Financial Flows with Sweeping Regulatory Reforms
Kenya has intensified its efforts to combat illicit financial flows (IFFs) and strengthen its regulatory framework in a bid to ...
Tag: Money Laundering
New Twist as DCI Withdraws Babu Owino’s Summons
The Directorate of Criminal Investigations (DCI) has asked Embakasi East Member of Parliament (MP) Babu Owino to stand down hours ...
Kenya Has Tightened Its Laws to Stop Money Laundering: Why Banks Are the Focus
Kenya’s banking industry has in recent years been in the crosshairs of national, regional and international watchdogs, given the country’s ...
Why Govt Wants to Spy on Phone Calls of Some Kenyans
The parliamentary finance committee has proposed the tapping of private communications of people suspected of money laundering or financing terrorism. ...
Govt Announces Survey on Virtual Assets
The Financial Reporting Centre (FRC) has announced that it will conduct a public survey on Virtual Assets (VAS) and Virtual ...
Details of Ruto’s Closed-Door Meeting with US Top Official at State House
President William Ruto on Friday, July 29 pledged Kenya's commitment to working with the US Government to strengthen its laws ...
Gold Fraud: the Goldenberg Scam that Cost Kenya Billions of Dollars in the 1990s – and no one was Jailed
The Goldenberg scandal in the early 1990s is Kenya’s largest documented gold fraud. The scheme involved Goldenberg International Limited, which ...
Six Women Arrested At JKIA Trying To Smuggle Sh102 Million
Custom officials at the Jomo Kenyatta International Airport have arrested six women trying to smuggle Sh102 million into the country. ...
High Court Freezes Ksh.115M Wired To Kenyan Woman By a Mauritius Company
The High Court has frozen Ksh.115 million sent to a Kenyan woman identified as Isabel Nyaguthii Wanjohi by a company ...
Kenyan court freezes Kshs 5.6 billion suspected to have been laundered by Nigerians, assisted by local powerful politicians
After the transactions were flagged by Kenya's Assets Recovery Agency, the money is currently frozen in local banks that include ...
MP Rigathi Gachagua released on Ksh.12 million cash bail after being charged for fraudulently receiving Ksh.7 billion
After spending the weekend in police cells, Mathira Member of Parliament Rigathi Gachagua was Monday morning arraigned at the Milimani ...
Mauritania tightens net against ex-president, Mohamed Ould Abdel Aziz, on corruption charges
Mauritania's former president, Mohamed Ould Abdel Aziz, was on Tuesday put under "house surveillance" by a judge after he was ...
