money laundering
Kenya Steps up Reforms to Exit Money Laundering Grey List
The government has intensified efforts to strengthen Kenya’s Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) framework as it moves to address...
BT Reporter1 Mins read
Money Laundering: Kenyan Authorities Holding Young Congolese Businessman
A youthful Congolese national called Sam Chirwa has been nabbed in Kenya on suspicion of being a major money launderer, alongside a local...
BT Correspondent2 Mins read
Kenya Still on FATF Grey List as 4 African Nations Earn Delisting
Kenya remains on the Financial Action Task Force (FATF) grey list, even as South Africa, Nigeria, Mozambique, and Burkina Faso, have been cleared...
SABRINA BT2 Mins read
SACCOS are the New Frontiers for ‘Dirty’ Cash
Competition for depositors could be creating a fertile ground for connected individuals to hide their ill-gotten wealth
JACKSON OKOTH4 Mins read
Morocco Off Money Crimes List After Clearing Regulatory Hurdles
In a decision announced Friday in Paris, The Financial Action Task Force (FATF) unanimously removed Morocco from the grey list, during the FATF...
TONY MOCHAMA2 Mins read
Court Clears South Sudan Minister Of Money Laundering
The Kenyan Anti-Corruption and Economic Crimes Court (High Court) has cleared Dr Martin Elia Lomuro, the South Sudan Minister of Cabinet Affairs, of...
BT Reporter2 Mins read
Diamond Trust Bank Adds Anti-Money Laundering Expert To Its Board
Tier 1 Lender Diamond Trust Bank Kenya Limited has enlisted the services of an anti-money laundering and banking operations expert as a non-executive...
BT Reporter1 Mins read
Dar journalist charged with economic crimes
Tanzanian journalist Erick Kabendera has now been charged with leading a criminal gang, tax evasion and money laundering. According to the charge sheet,...
BT Reporter2 Mins read
New report says 72% of firms fall prey to financial crime globally
Almost three quarters (72%) of organisations have been victims of financial crime over the past 12 months with a lax approach to due...
BT Correspondent2 Mins read
