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Originally published by The Standard BusinessSeptember 19, 2025
3h ago
Report: Illicit financial flows cost Kenya Sh243b annually
The report by the National Taxpayers Association in partnership with Oxfam shows that trade in illicit goods takes the largest portion of illicit financial flows, contributing Sh153 billion...
✨ Key Highlights
A recent report indicates that Kenya loses an astounding Sh243 billion annually due to illicit financial flows. This significant financial drain has considerable implications for the nation's economy and development.
- Most important fact or figure from the article: Kenya loses Sh243 billion annually to illicit financial flows.
- Key person or organization involved: Information not provided in the excerpt, but the report likely originated from or was highlighted by an economic or governmental body.
- Notable detail that adds context: The excerpt provided focuses on the identity and contact information of the publishing body, The Standard Group Plc, a major multi-media organization in Kenya.
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