IMF demands identity of secret investors in firms

Antoinette Monsio Sayeh, the Deputy Managing Director at the International Monetary Fund. FILE PHOTO | POOL

The International Monetary Fund has pressured Kenya to disclose the identity of secret shareholders in firms with State contracts and prosecute those implicated in graft, including the Covid-19 scandal.

The IMF Deputy Managing Director Antoinette Sayeh says unmasking shareholders who secretly benefit from State deals through intermediaries disclosing and prosecuting culprits of the corrupt deals.

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