"They are the ones to implement and maintain the comprehensive anti-money laundering processes that are in place,” he said. The body is mandated with identifying proceeds of crime and tackling money laundering. Dahabshiil is the largest money remittance provider in Kenya, first licensed by Central Bank of Kenya in 2013. He called on the government to ensure all financial institutions in Kenya comply with anti-money laundering laws. “There is also need to enhance customer awareness about the importance of complying with procedures when conducting financial transactions in money remittance firms," he said.

Source: The Star October 31, 2016 14:33 UTC