Detectives have managed to contain the menace of money laundering cases involving deals in fake gold. https://shorturl.at/eYnMO
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00:00Indeed it is true that in the recent past we as a country experienced a spike in
00:08terms of gold scumming and the victims are mainly from mineral producing
00:16countries and they use Kenya as a transit hub. These clusters do
00:25collaborate with some rogue lawyers and they open escrow accounts whereby the
00:31money is again immediately withdrawn from those accounts. But we have so far
00:39managed and I must say that to downgrade successfully the activities of these
00:45gold scammers in Kenya so much so that they have now relocated to some of our
00:51neighboring countries. We have had successful prosecutions out of a total
00:56of 71 reported cases we were able to identify, arrest and prosecute 64 people
01:05some Kenyans and others are foreigners. And in our investigations I must
01:13confess that the FBI has been able to assist us and we were able to collaborate
01:19with them in particularly in the aspect of social media investigations and as
01:26well in the recovery of the proceeds of crimes. Corruption like you have said
01:34ladies and gentlemen it is a transnational crime and it poses a
01:41serious threat to our international society and as well to the
01:47stability of our states. It is an existential threat and as a country we
01:53have taken deliberate effort to make sure that all cases of corruption are
01:58reported regardless of the persons or the entities involved are expeditiously
02:05investigated and prosecuted. We have so far investigated a couple and we are
02:12still continuing with investigations and several of them are at various
02:17levels of investigations.