The Central Bank of Kenya (CBK) is facing strong opposition over its plans to store Kenya’s gold reserves at the Bank of England (BoE), with a lawyer demanding immediate suspension of talks and greater transparency.

• Lawyer Abdulhakim Dahir issued five demands to CBK Governor Kamau Thugge, including a national dialogue and public disclosure of deal details.
• Dahir raised concerns about transparency, national sovereignty, costs, legal provisions, and the risks of "weaponised finance."
• Kenya plans to buy gold to diversify its $11 billion (Ksh1.4 trillion) foreign reserves, though the amount to be converted is undisclosed.
• The CBK boss, Kamau Thugge, stated talks had occurred with the BoE and other banks regarding gold storage.
• Dahir argues storing gold abroad could make Kenya economically vulnerable to international sanctions or geopolitical disputes.