Illicit Financial Flows Stories

Four African countries delisted from money laundering watchlist, Kenya still flagged
Alfred Onyango  |  Oct 25, 2025

Kenya remains under FATF grey listing, after being flagged in February 2024, a decision that has rattled its financial sector.

Kenya loses Sh194.8 billion annually to illicit financial flows, Transparency International warns
Lucy Mumbi  |  Oct 13, 2025

The report notes that these losses, driven by corruption, trade misinvoicing and tax evasion, are eroding government revenue, limiting social services...

Kenya loses over Sh250 billion annually to illicit trade and counterfeits - report
Maureen Kinyanjui  |  Sep 19, 2025

The study points to businesses increasingly being involved in these illegal activities, while corruption, fake goods, and trade misinvoicing remain th...

Kenya losing over Sh79 billion annually to undervalued imports, says NTA
Alfred Onyango  |  Sep 18, 2025

Kenya was grey-listed by the Financial Action Task Force (FATF) in February 2024 for inadequacies in its money laundering/countering financing of terr...

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