@TheStar

US goes after Kiir, Machar's wealth in Kenya, threatens sanctions

6 months ago, 14 June 00:17

By: Lewis Nyaundi @x_ ...

The United States has threatened sanctions and funding cuts for the Kenyan government if it fails to investigate President Salva Kiir and former Vice President Riek Machar.

Sigal Mandalker, who is US Secretary for terrorism and financial intelligence, claimed that the leaders are using the country, and Uganda, as a safe haven for their property acquired through proceeds of conflict in South Sudan.

The US government further wants Kenya to impose sanctions on corrupt South Sudanese individuals by barring them from banking their money in Kenya.

The Donald Trump's administration said this will go a long way in ensuring peace and stability in South Sudan.

Through its Treasury Department, the US government says it is concerned, "having discovered that corrupt South Sudanese officials are using Kenya and Ugandan banks to hide illicit money".

"Those who profit from human rights violation in corruption, preying on the poor and innocent, on mothers and children must heed our warning," Sigal said.

"We will impose consequences, we will cut off your access to the US financial system and we will work with our partners in this region and other regions to do the same."

Sigal said the said monies have been used to acquire assets with the perpetrators using the 'safe haven' provided by the countries to gain access to international financial systems.

She alleged that the perpetrators of war in South Sudan have been investing in real estate to cleanse the money they loot from the clash-torn country.

President Kiir and Machar are among those mentioned in a report by an NGO - the Sentry, which has specifically pointed that those targeted with the sanctions own real estate properties in Lavington, Nairobi.

Sigal, who visited Kenya on Tuesday, warned banks and the government of possible consequences if they will not take action on institutions that support money laundering.

She warned that the banks' reluctance to harden their financial institutions could hurt the Kenyan credibility of the banking sector in the international community.

The Sentry co-founder John Prendergast also noted that the lack of measures could see the country harbouring funds from other criminal activities such as terrorism.

"Today, we are talking about war criminals' money that is coming in from South Sudan. Tomorrow, it could be terrorist money," John said.

"The US and Kenya can work closely on the shared agenda to ensure South Sudan war criminals, state leaders and tomorrow’s terrorist who are pumping their money to the Kenyan financial institutions."

The allegations came at a time some banks are being investigated for negligence after huge sums of unaccounted money from corruption suspect is said to have been banked in the institutions.


Read More


Category: topnews news

Suggested

1 hour ago
@CITIZENTV - By: George Aoko
Mombasa: 3 arrested over theft, found with pangas, knife, bhang

Police in Changamwe, Mombasa County, on Sunday arrested and detained three suspects accused of theft. ...

Category: topnews news
18 minutes
@CITIZENTV - By: Reuters
Bruised Australia build vital lead in Perth

Australia, desperate to level the series after narrowly losing the first test in Adelaide, could be without the services of opener Aaron Finch, who retired hurt on the stroke of tea after being hit on ...

Category: topnews news sports
2 hours ago, 13:55
@CITIZENTV - By: Pscu
President Kenyatta, First Lady host Christmas party for children of State House staff

President Uhuru Kenyatta and First Lady Margaret Kenyatta on Saturday hosted a Christmas party for children of State House staff. ...

Category: topnews news
29 minutes
@BBCAfrica - By: Bbc
Ethiopia army protesters given jail terms

Prime Minister Abiy Ahmed said the soldiers had marched to his office in order to kill him. ...

Category: africa topnews news
1 hours ago, 14:15
@AfricaNews - By: Abdur Rahman Alfa ...
Somalia converts high security prison to intelligence training facility | Africanews

The Godka Jilacow prison, located in the capital, Mogadishu, has before the current move, served as an interrogation center for NISA, which had its offices close to it. ...

Category: africa news topnews
8 minutes
@TheStar - By: Melanie Mwangi @m ...
Insufficient funding hurting Kenya's climate change plans - CS Tobiko

Access to predictable and adequate funding options is frustrating the implementation of climate change action plans in Kenya, Environment CS Keriako Tobiko has said.He spoke during the two-week-long 2 ...

Category: topnews news

@TheStar

US goes after Kiir, Machar's wealth in Kenya, threatens sanctions

6 months ago, 14 June 00:17

By: Lewis Nyaundi @x_ ...

The United States has threatened sanctions and funding cuts for the Kenyan government if it fails to investigate President Salva Kiir and former Vice President Riek Machar.

Sigal Mandalker, who is US Secretary for terrorism and financial intelligence, claimed that the leaders are using the country, and Uganda, as a safe haven for their property acquired through proceeds of conflict in South Sudan.

The US government further wants Kenya to impose sanctions on corrupt South Sudanese individuals by barring them from banking their money in Kenya.

The Donald Trump's administration said this will go a long way in ensuring peace and stability in South Sudan.

Through its Treasury Department, the US government says it is concerned, "having discovered that corrupt South Sudanese officials are using Kenya and Ugandan banks to hide illicit money".

"Those who profit from human rights violation in corruption, preying on the poor and innocent, on mothers and children must heed our warning," Sigal said.

"We will impose consequences, we will cut off your access to the US financial system and we will work with our partners in this region and other regions to do the same."

Sigal said the said monies have been used to acquire assets with the perpetrators using the 'safe haven' provided by the countries to gain access to international financial systems.

She alleged that the perpetrators of war in South Sudan have been investing in real estate to cleanse the money they loot from the clash-torn country.

President Kiir and Machar are among those mentioned in a report by an NGO - the Sentry, which has specifically pointed that those targeted with the sanctions own real estate properties in Lavington, Nairobi.

Sigal, who visited Kenya on Tuesday, warned banks and the government of possible consequences if they will not take action on institutions that support money laundering.

She warned that the banks' reluctance to harden their financial institutions could hurt the Kenyan credibility of the banking sector in the international community.

The Sentry co-founder John Prendergast also noted that the lack of measures could see the country harbouring funds from other criminal activities such as terrorism.

"Today, we are talking about war criminals' money that is coming in from South Sudan. Tomorrow, it could be terrorist money," John said.

"The US and Kenya can work closely on the shared agenda to ensure South Sudan war criminals, state leaders and tomorrow’s terrorist who are pumping their money to the Kenyan financial institutions."

The allegations came at a time some banks are being investigated for negligence after huge sums of unaccounted money from corruption suspect is said to have been banked in the institutions.


Read More

Category: topnews news

Suggested

1 hour ago
@CITIZENTV - By: George Aoko
Mombasa: 3 arrested over theft, found with pangas, knife, bhang

Police in Changamwe, Mombasa County, on Sunday arrested and detained three suspects accused of theft. ...

Category: topnews news
18 minutes
@CITIZENTV - By: Reuters
Bruised Australia build vital lead in Perth

Australia, desperate to level the series after narrowly losing the first test in Adelaide, could be without the services of opener Aaron Finch, who retired hurt on the stroke of tea after being hit on ...

Category: topnews news sports
2 hours ago, 13:55
@CITIZENTV - By: Pscu
President Kenyatta, First Lady host Christmas party for children of State House staff

President Uhuru Kenyatta and First Lady Margaret Kenyatta on Saturday hosted a Christmas party for children of State House staff. ...

Category: topnews news
29 minutes
@BBCAfrica - By: Bbc
Ethiopia army protesters given jail terms

Prime Minister Abiy Ahmed said the soldiers had marched to his office in order to kill him. ...

Category: africa topnews news
1 hours ago, 14:15
@AfricaNews - By: Abdur Rahman Alfa ...
Somalia converts high security prison to intelligence training facility | Africanews

The Godka Jilacow prison, located in the capital, Mogadishu, has before the current move, served as an interrogation center for NISA, which had its offices close to it. ...

Category: africa news topnews
8 minutes
@TheStar - By: Melanie Mwangi @m ...
Insufficient funding hurting Kenya's climate change plans - CS Tobiko

Access to predictable and adequate funding options is frustrating the implementation of climate change action plans in Kenya, Environment CS Keriako Tobiko has said.He spoke during the two-week-long 2 ...

Category: topnews news
Our App