In what is turning out to be a déjà vu moment, the Eastern and Southern Africa Anti-Money Laundering Group (ESAAMLG) has for a second time raised concerns about Kenya's standing on the global stage in the fight against money laundering, terror financing, and proliferation financing (ML/TF/PF).
ESAAMLG raised similar concerns about 12 years ago, concerns that led to Kenya being placed in the list of countries that had strategic deficiencies in the fight against ML/TF/PF at the time. Every few years, ESAAMLG conducts a peer evaluation to assess its member countries' compliance with international anti-money laundering, counter-terrorism financing, and counter-proliferation financing (AML/CTF/CPF) standards.
