Kenya’s financial intelligence unit received filings of Sh6.976 trillion flagged as suspicious financial transactions over a three-year period to 2023, a newly published report shows.
The Financial Reporting Centre (FRC) Money Laundering and Terrorism Financing Trends and Typologies Report 2025 outlines how massive amounts of suspicious money moved through the financial sector, with banks handling Sh6.38 trillion or 91.04 percent of the money.
