Kenya has some uniqueness of sorts ni vile tu…
Yet the remitted cash is eaten by few fat pigs cum swines known as boliticians
The apps facilitating these remittances must be making a killing
I think you don’t understand. Hii sio pesa imetumiwa sirikali, it is the money sent by Kenyans a road to their families back in Kenya
Those figures for Ethiopia are not making sense given it’s the second largest country population-wise. Or they use those informal networks that are not captured by WB and other agencies?
Kweli sisi Diaspora tumefanya
yeah ethiopians wako kila mahali…this data cannot be trusted…
Endlea kutuma saidi
This is the money that is keeping Kenya aflot.
Wacha nabii akamilishe mpango yake ya kutuma 1 million Kenyans for jobs abroad.
We have excess labour capacity that we can export who in return will send billions back home.
That is a win win all round.
Niaje Mdau. I plan to visit Texas and Georgia soon. Uko wapi?
Govt to Tap Calls, Emails in Large Cash Transactions
- by KIOKO NYAMASYO on Thursday, 24 August 2023
The government will have sweeping powers to listen to calls and read emails of Kenyans who will be conducting unexplained large transactions.
Parliament’s Finance Committee has proposed the bugging of private communications of people suspected of money laundering or financing terrorism in a raft of changes to the Anti-Money Laundering and Combating of Terrorism Financing Laws Amendment Bill, 2023.
In the new changes, MPs want government agencies to access emails, listen to phone calls and read text messages of suspects to monitor the flow of large money movements.
The Amendment Bill was approved by Cabinet last month in a meeting held at State House, Nairobi and is expected to help Kenya combat money laundering and terrorism financing.
In recent years, large cash seizures at the country’s main points of entry and unexplained outsize transactions in banks have raised alarm over dirty cash movement.
Some of the cases including money laundering charges against Nigerians and other foreigners have collapsed due to insufficient evidence.
“Where a person is suspected or accused of an offence under this Act, the privacy of a person’s communications may be investigated or otherwise interfered with,” the committee proposed.
Currently, state agencies like the Directorate of Criminal Investigations (DCI) and the police have access to phone records and text messages which have been used to nail some suspects involved in various crimes.
The move could raise privacy issues as state operatives could misuse the access to Kenyans’ private communication.
This amendment comes less than a week after the Kenya Bankers Association (KBA) pleaded with the Parliament to tighten the belt on money launderers.
KBA had argued that Kenya’s geographical location made it vulnerable to criminals laundering money to finance terror activities, opposing the move to increase the transaction reporting threshold.
Ruto’s cabinet had increased the threshold of large transactions reporting from $10,000 [Ksh1.4 million] to $15,000 [Ksh2.1 million].
Good job diaspora. We need more money to fix the handshake