Between October and November 2020, three Nigerians suspected of having the support of a major Kenyan politician and two Kenyans sent Sh25.6 billion, raising concerns in Europe and at the global police organization Interpol about alleged money laundering.
A cross-continental scheme that transported large quantities of money to Kenyan banks and wired them to various firms formed locally with common ownership and dubious locations was discovered by bank records given by a European investigator.
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Over ten firms controlled by the same persons and established under almost identical names in Kenya, Dubai, the United States, Nigeria, Ghana, and Hong Kong moved money over the course of two months.
A Kenyan politician and two Nigerians have been accused of being at the center of multi-billion shilling operations that Kenya’s Assets Recovery Agency (ARA) and Interpol believes are part of a money-laundering conspiracy, with the money’s origins suspected to be illicit.
For legal reasons, we are unable to identify the politician named in both the ARA and Interpol reports in this story.
So far, Kenya’s High Court has frozen Sh5.6 billion in six bank accounts, pending the filing of a lawsuit to have the money forfeited to the government, on suspicion of money laundering.