How 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...

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A recent report highlights Kenya's significant financial losses due to illicit financial flows. The nation is estimated to lose billions annually, impacting its economic development.

Kenya loses an estimated Sh243 billion annually due to illicit financial flows.
The report was published by The Standard Group Plc.
This substantial loss underscores the ongoing challenge of illegal financial activities within Kenya.

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