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Kenya risks being grey-listed for weak money laundering controls

Impact of grey listing will be painful as the country is struggling with huge debt and steep repayment schedule.

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by The Star

Africa20 February 2024 - 14:47
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Former Interior CS Fred Matiang'i receives the Money Laundering and Terrorism Financing National Risk Assessment 2021 (NRA) Report from Financial Reporting Centre boss Saitoti Maika

Kenya risks getting grey listed by the global money laundering watchdog for weak regulations to tame the crime, the Star has established.

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