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The EastAfrican·3 min read·medium

Kenyan court freezes Burundian firm’s $274,000 in money-laundering case

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Benson Matheka
Kenyan court freezes Burundian firm’s $274,000 in money-laundering case
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A Kenyan court has ordered the continued freezing of $274,000 held by a local affiliate of a Burundian engineering firm. The Assets Recovery Agency alleges the funds are linked to money laundering, despite a previous High Court ruling that found insufficient evidence of criminal activity.

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A Kenyan court has upheld a freeze of thousands of dollars held by a local affiliate of a Burundian engineering firm, as the Assets Recovery Agency (ARA) pushes for its forfeiture, alleging that the money is from proceeds of crime.

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