Kenya: Mobile Money Tracking Meant to Crack Down on Unexplained Wealth – CS Mbadi

Treasury Cabinet Secretary, John Mbadi, has come out to defend the Kenya Revenue Authority’s (KRA) push to access mobile money transaction data, saying the move targets money launderers, not ordinary Kenyans sending money to loved ones.

Speaking during a press briefing on May 11, Mbadi was adamant that mobile money itself, with the platforms are not the problem. The real issue, he argued, is individuals who earn unexplained wealth yet fight every legal effort designed to bring them into the…