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...
The foreign executives of betting MozzartBet are living on a borrowed time following reports that Kenyan authorities are following serious fraud leads that could see them...
Betting firm MozzartBet foreign directors in the country are faced with possible deportation as a policy that was adopted by the state since the crackdown on...
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...
Insurance brokers and agents will be required to reveal the identity of policyholders and their sources of income in the latest drive to combat money laundering...
At least $2.3 billion has been laundered via U.S. real estate transactions in the last five years, according to a new report by a Washington, D.C.-based...
The Supreme Court has set date for the hearing of a petition seeking clarification of whether former Cabinet minister Chris Okemo and former Kenya Power boss...
A Chinese businessman laundered tens of millions of dollars in drug money through a Guatemalan casino, a US seafood export company, Miami banks, and Chinese bank...
Gloves are off for President Uhuru who now more than ever appears to be moving rocks to hit his friend turned foe and his deputy, Ruto....
The High Court has dismissed a suit filed by minority owner of Bluebird Aviation who accused his partners of siphoning more than $1 billion (Sh108 billion)...
HOW IT WORKS • Money laundering seeks to hide the source of money believed to have been obtained illegally, by passing it through channels including commercial...
A Kenyan law firm was used in the multimillion heist orchestrated by indicted Nigerian scammer Hushpuppi. A federal grand jury indictment unsealed this week alleges an...
Jubilee administration has been a show case of ‘street leadership’ since it captured power in 2013. The administration saw the emergence of questionable characters ascending to...
Money laundering is becoming a nightmare for taxpayers who have to bare the brunt of the crooked state officials looting from their coffers. Since NYS saga...
The High Court is investigating South Sudan’s minister of cabinet affairs Elia Lomoro for money laundering after authorities said there have been suspicious transactions being made...
Dealers in second-hand cars will now be forced to reveal the identity of their buyers and sources of their income in the latest move aimed at...
Kenya is now ranked among countries with rampant money laundering and financial crimes in the world after a report tabled before the US Congress exposed the country’s...
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