Tag: asset management

Maximizing the Value and Impact of Recovered Assets Through Streamlined End-Use

Posted on by CiFAR

Written by Lewis Kundai, CiFAR. Background Last month, the Kenyan Ethics and Anti-Corruption Commission (EACC) handed over proceeds from corruption recoveries, including 511.4 million shillings (USD 3.96 million) in cash and 35 title deeds for 18.71 acres valued at 5.5 billion shillings (USD 42.7 billion). This action highlights the agency’s focus on asset recovery as Read more about Maximizing the Value and Impact of Recovered Assets Through Streamlined End-Use[…]

Asset Management in Kenya

Posted on by CiFAR

Over the past decade, Kenya has demonstrated a steadfast commitment to prioritizing asset recovery within its broader anti-corruption and anti-money laundering initiatives. Recognizing these efforts, the 2022 Financial Action Taskforce (FATF) Mutual Evaluation Report by the Eastern and Southern African Anti-Money Laundering Group (ESAAMLG) commended the government’s strides in enhancing both institutional and legislative frameworks. Read more about Asset Management in Kenya[…]