EU Ambassador to Kenya Henriette Geiger who has said that Kenya’s reluctance to curb corruption and money laundering could scare off investors. PHOTO | FRANCIS NDERITU | NMG
The European Union has warned that Kenya risks being blacklisted over corruption and money laundering, revisiting an old problem Nairobi has struggled to contain.
The EU Ambassador to Kenya Henriette Geiger said Kenya’s reluctance to curb corruption and money laundering could scare away investors. She told a media briefing over the upcoming European Union-Kenya Business Forum with the Kenya Private Sector Alliance on February 2 that Nairobi may also face restrictions.
