Kenya's Stolen Billions: Illicit Financial Flows Cost Nation Staggering Sh243B Annually!
A new report has shed light on significant financial losses incurred by Kenya due to illicit financial flows (IFFs). According to the findings, the nation is losing an estimated Sh243.2 billion, which is equivalent to 1.5 per cent of its total economy, through these unauthorized and often illegal movements of money. This substantial figure underscores a critical economic challenge facing the country.
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