Kenya: Foreign Donors Should Halt Aid to Kenya to Protest Money Laundering-Experts

18 December 2013
interview

Foreign donors should consider halting development assistance to Kenya unless it enforces its anti-money laundering laws and stems the flow of dirty money, experts in corruption and illicit finance said on Wednesday.

In an online discussion with Thomson Reuters Foundation, three experts said that the government's plans to build an international financial centre in Nairobi before it has a well-functioning financial regulatory system in place risks turning the east African hub into a major haven for laundering corrupt money.

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