Kenya bank linked to money laundering from South Sudan
19 Sep 2016

Kenya Commercial Bank (KCB) has been linked to the ongoing money laundering by corrupt government officials in South Sudan, including senior military leaders sanctioned by the United Nations in the wake of the civil war which erupted in December 2013.

The US-based The Sentry organization in its report released in Washington after a two-year investigation into the corruption in South Sudan, money movement and assets locations, it found that the Kenya Commercial Bank has taken part in transferring the stolen money outside of South Sudan by government’s corrupt officials.

Count this content towards your CPD minutes, by signing up to our CPD Wallet

FREE CPD Wallet

You must be logged in to post a comment.

This site uses Akismet to reduce spam. Learn how your comment data is processed.