Lawyers dirty money stalemate tests IMF’s Sh321bn Kenya plan

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President William Ruto with the IMF Managing Director, Kristalina Georgieva. FILE PHOTO | PCS

Refusal by Kenyan lawyers to be appointed as reporting agents in the fight against dirty cash is testing government commitments to secure Sh321 billion from the International Monetary Fund (IMF).

The IMF—whose team was in Nairobi for the fifth review of the 38-month programme—has reportedly pushed the disbursement date —partly due to delays by Kenya to finalise regulations that would have listed lawyers as reporting agents by the end of June.

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