KENYA: SPORTPESA FACES $278 MILLION MONEY LAUNDERING PROBE

On 16 November, All Africa reported that the Financial Reporting Centre (FRC), a State agency charged with tracking illicit money, is investigating SportPesa for possible money laundering in the wake of claims the sports betting operator wired $278 million from its local accounts to offshore banks.

https://allafrica.com/stories/202011160925.html

I had omitted the following link (as it did not seem to generate much interest!), but it seemed time to add it again and say that, if you would like to make a (polite) gesture and help me with my removal and computer costs, I have a page at https://www.buymeacoffee.com/KoIvM842y

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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