Rédaction Africa Links 24 with Kenyans.co.ke
Published on 2024-09-14 13:04:43
A High Court in Nairobi has frozen more than Ksh8 million belonging to an investment firm over claims that the funds in the two accounts are proceeds of crime.
Lady Justice Diana Kavedza allowed the application by the Assets Recovery Agency to retain the money belonging to the company pending a hearing for the forfeiture of the assets.
In its submissions to the court, ARA disclosed that it was investigating the firm’s transactions which it claimed were linked to money laundering…
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