3rd May 2016
Rains pounded the Kenyan capital of Nairobi over the weekend, exposing the city’s sorely lacking infrastructure. Read More
25th April 2016
Kenya is to amend its anti-money laundering law to enable the government to revoke the licences of errant financial institutions. Read More
18th March 2016
NAIROBI, Kenya, – Ten suspects allegedly involved in the National Youth Service Sh791 million money laundering scam failed to turn up in court Friday forcing the trial magistrate to issue fresh summons. Read More
17th March 2016
NAIROBI - Kenya's capital markets regulator has published new regulations requiring stock and fixed-income brokers to report suspicious trades and transactions above $10,000 to a government body set up to fight money-laundering. Read More
16th March 2016
Nairobi — The High Court has now directed 10 suspects in the National Youth Service scam to answer to money laundering charges. Read More
26th February 2016
KenolKobil Ltd., Kenya’s biggest fuel retailer by market value, will use proceeds from the sale of its Tanzanian and Congolese operations to reduce financing costs after exiting regions its managing director said were rife with tax evasion. Read More
25th February 2016
A Jersey registered company has pleaded guilty to four counts of money laundering in a case involving a corrupt Kenyan public official who hid millions of pounds in the Island. Read More
19th February 2016
Companies whose dealings with the National Youth Service are under investigation have a tax bill which could run to Sh1.2 billion. The Kenya Revenue Authority has been drafted into a government task force investigating the NYS scandal, effectively taking over from the Ethics and Anti-Corruption Commission… Read More
16th February 2016
NAIROBI – Less than two weeks since it cleared former Devolution Cabinet Secretary Anne Waiguru of involvement in the theft of Sh791 million from the National Youth Service, the Ethics and Anti-Corruption has opened a fresh probe. Read More
15th February 2016
NAIROBI – The Office of the Director of Public Prosecutions (DPP) on Monday approved money laundering charges against 11 suspects in the National Youth Service (NYS) fraud case. Read More