Kenya’s Asset Recovery Agency (ARA) has launched a high-profile legal battle to seize Sh35 million allegedly tied to the EIS Afrika Group Ltd, unraveling a web...
The dispute revolves around BOSS, Air Afrik and Stanbic. It has resulted in multiple cases, with the lender’s chief executive Joshua Oigara obtaining orders barring Kenyan...
The High Court has given the greenlight for recovery of over Sh18 million from two private jet leasing firms, linked to businessman Chris Obure. The Assets...
The Mildovs’ story is one of evasion and reinvention. From their alleged drug trafficking operations in Muthaiga to their current efforts to whitewash their reputation, the...
Businessman Anthony Kepha Odiero has lost millions and two luxury cars to the State after the High Court declared them as proceeds of crime. Justice Patrick...
The Directorate of Criminal Investigations (DCI) has once again secured court approval to access crucial documents from the entities behind Tatu City in an ongoing investigation...
The United Kingdom has announced sanctions against Kenyan businessman Kamlesh Pattni for money laundering through gold exports from Southern Africa. Sanctions have also been imposed on...
Investigations by law enforcement agencies and bitter parting of ways with a former CEO have all triggered court cases. In other instances, Tatu-City affiliated companies are allegedly...
US authorities charged the owner of Nigeria’s largest airline with obstruction of justice in a $20 million fraud case. The charge updates an indictment from five...
Martin Elia Lomuro, the National Minister of Cabinet Affairs in South Sudan, has a long history marred by corruption allegations, financial mismanagement, and shady dealings. Despite...
Uganda has been delisted from Financial Action Task Force (FATF) Grey List after four years of implementing reforms needed to combat illicit financial flows. The East...
Popular car dealer Joseph Kairu Wanjiru alias Kairo, has found himself in the middle of accusations that he’s involved in money laundering claims that he has...
Proprietors of two exclusive private jet companies have suffered a major blow after failing to convince a judge to suspend orders freezing its bank accounts, which...
The High Court has allowed an application by a state agency to freeze bank accounts linked to a payments solution firm over claims of money laundering....
You might be wondering why in the last 12 years there’s been an explosion of car dealerships and car yards on populous roads in Nairobi. This...
David Hundeyin a Nigerian based investigative journalist who blew the whistle on the fintech firm Flutterwave exposing the rot in its management that eventually saw the...
UBA and Equity Banks are currently embroiled in a legal tussle with Assets Recovery Agency (ARA) over Sh5.6B frozen in the two banks suspected to being...
United Bank of Africa(UBA) Kenya is in trouble following accusations made by the Assets Recovery Agency that the bank hold Sh5B that they deem was acquired...
Banks are pushing for changes to the law that will compel betting firms to report suspicious deposits and withdrawals from gaming accounts in the latest plan...
The Kenya Illicit Finance Risks and Assessment report describes how politicians in South Sudan bought luxury real estate in Kenya, set up joint ventures with Kenyan...