April 4 2018
Central Bank of Kenya (CBK) has asked banks to intensify their surveillance against money laundering activities by their clients.
In a circular sent to lenders this month, the regulator said they should particularly watch out for suspicious activities on accounts of politicians and senior government officials, Non-Governmental Organisations and cash-intensive businesses such as supermarkets, liquor stores and car dealership.
Others are those operated by professional service providers, foreigners, casinos, real estate dealers and dealers in precious metals.