Understanding Money Laundering

Understanding Money Laundering & Global Efforts to Combat Financial Crime

Understanding Money Laundering – Money laundering, a complex and clandestine financial maneuver, has plagued the global economy for decades. Individuals or organizations disguise the origins of illegally obtained funds to make them appear legitimate in a process that facilitates the integration of “dirty money” into the legal financial system, allowing criminals to enjoy the profits…

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The British High Commissioner to Kenya

Wigan Advocates Kenyan Football Growth Through EPL Case Study

Wigan Advocates Kenyan Football Growth – The British High Commissioner to Kenya, Neil Wigan, underscores the potential for growth in Kenyan football by drawing inspiration from the success of the English Premier League. He advocates for a strategic approach centered on efficiency in management, professionalism, and the establishment of robust scouting structures. Wigan attributes the…

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U.S. imposes sanctions on Crown Bus and 15 other entities

U.S. imposes sanctions on Crown Bus and 15 other entities for financing al-Shabaab

U.S. imposes sanctions – In a strategic move to counter terrorism financing, the United States has recently implemented sanctions on two individuals based in Kenya and 16 entities connected to a multinational business network associated with fundraising and money laundering for the al-Shabaab terrorist group. This resolute action, orchestrated by the U.S. Department of the…

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kbc

Government Agencies to Air TV & Radio Adverts Only on KBC

Government Agencies to Air TV & Radio Adverts Only on KBC – In a significant move, the Kenyan government issued a directive mandating all government agencies, independent commissions, and public universities to exclusively broadcast their TV and radio advertisements through the state-owned broadcaster, Kenya Broadcasting Corporation (KBC). Prof. Edward Kisiang’ani, the Principal Secretary in the…

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