money laundering Stories
It targets personnel from government institutions, financial organisations, civil society, and security agencies, equipping them with tools and knowle...
The African continent is flush with abundant natural resources that offer lucrative gains, but is hobbled by weak post-coup states desperate for forei...
Stephen Munyakho, who had been living in Saudi Arabia since 1996, was sentenced to death after a deadly fight with a Yemeni colleague in April 2011.
Munyakho regretted that the death of his Yemeni colleague, Abdul Halim, was not intentional, describing it as a misunderstanding that spiralled out of...
His return marked the end of a harrowing chapter that began in 2011 when he was convicted of murder and sentenced to death by the sword after a fatal...
His execution, initially handed down last year, was halted after the family of the deceased accepted diyya, blood money, amounting to approximately Sh...
The growth is largely attributed to the widespread adoption of mobile money platforms, which continue to reshape the country’s financial landscape.
President Ruto spoke directly with Crown Prince Mohammed bin Salman, urging for clemency and a delay in execution.
In 2024, 32 per cent of Kenyan adults borrowed from mobile money providers, the highest share in the region.
The National Assembly Committee on Delegated Legislation raised questions over the fund’s purpose and legality, saying it risked overlapping with the...
This places Airtel ahead of Safaricom in terms of growth rate, even as the latter continues to lead in total subscriber numbers.
The Financial Reporting Centre is tasked with identifying proceeds of crime and fighting money laundering under the Proceeds of Crime and Money Launde...
Data from the state-owned intelligence unit, Financial Reporting Centre, shows that the number of suspicious transactions reports (STRs) exceeded 11,0...
While 71 per cent of digital lenders screen their customers against global sanctions lists and 62.7 per cent offer some form of staff training, only 4...
Among the key issues rejected was the President’s objection to the narrowing of the definition of conflict of interest.
The new law amends ten Acts of Parliament to fix technical gaps in Kenya’s framework on anti-money laundering, combating terrorism financing, and addr...
The regulator says the structure of life insurance policies, commonly known as long-term business, makes them vulnerable to criminal abuse, highlighti...
Antoine Kassis was extradited from Kenya in February following an Interpol arrest warrant requested by the United States over his involvement in narco...
Investigations by the DEA also revealed that Kassis allegedly collaborated with a broker identified only as Kherfan to launder money, traffic cocaine,...
The alleged robbery took place along the Kariokor–Pangani road on April 10, 2025. The suspects are said to have been armed with a metal rod and a shar...
During the quarter under review, mobile money subscriptions rose by 7.27 million to hit 85 million, while an additional 89,389 active agents were brou...
Kassis is accused of being part of a US criminal syndicate that trafficked drugs from Colombia to Syria in exchange for weapons smuggled back into Col...
Britain's Airtel Africa on Thursday said it expects to list Airtel Money, its mobile money services unit, in the first half of the calendar year 2026.
Speaker Wetang’ula referred both memoranda to the Departmental Committee on Justice and Legal Affairs for review.
Betting firms, landlords, retirement benefits schemes, Sacco owners, estate agents, certified public secretaries, jewel dealers, accountants, and NGO...
Kenya was placed on the Financial Action Task Force’s (FATF) grey list in February last year due to weaknesses in combating money laundering, terroris...
The committee ‘Save Stevo Campaign, ’ noted that Saudi authorities had assured it that the Muslim World League had cleared the remaining balance of th...
SUPKEM National Chairman, Al-Haji Hassan Ole Naado revealed that the Muslim World League made the payment a month ago.
However, in a statement released on Wednesday, the group acknowledged media reports indicating that a benefactor had cleared the remaining 2.9 million...
Mobile transactions jumped 9.3 per cent from the previous year’s total of Sh7.95 trillion.
