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President Kenyatta signs tough law to curb money laundering

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President Uhuru Kenyatta inspects the parade when he presided over the Kenya Police Service recruits passing out parade in Kiganjo, Nyeri  County. Photo/PSCU

Uhuru Kenyatta today signed into law the Proceeds of Crime and Anti-Money Laundering (Amendment) Bill 2017, a tough legislation aimed at combating economic crimes.

“This is a major tool in our sustained efforts to fight corruption. It means that no proceeds of theft and corruption are beyond the reach of the State,” President Kenyatta said at the signing. Read the rest of this entry