Speaker Moses Wetangula in parliament/photo courtesy

MPs pocketed Ksh10 Million to pass Anti-Money Laundering Bill, President Ruto says

President William Ruto has accused a group of MPs of pocketing Ksh10 million to pass the Anti-Money Laundering Bill, a law with far-reaching consequences for financial regulation in Kenya. The President who was speaking on Monday during the ODM and Kenya Kwanza talks held in Karen, Nairobi issued a stern warning to the lawmakers who…

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1President Ruto assents Anti-Money Laundering bill that empowers SASRA in regulating Saccos./photo courtesy

President Ruto assents Anti-Money Laundering bill that empowers SASRA in regulating Saccos

President William Ruto has assented to the Anti-Money Laundering and Combating of Terrorism Financing Laws (Amendment) Bill, 2025. The head of state also signed into law the Insurance Professionals Bill (National Assembly Bills No. 13 of 2024). The Anti-Money Laundering and Combating of Terrorism Financing legislation is designed to strengthen Kenya’s framework for tackling money…

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