Financial Reporting Centre (FRC)
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The agency in Kenya that monitors and reports suspicious financial transactions to combat money laundering.
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The Sh115 Million Crypto Freeze That Shows Kenya’s New AML Rules in Action
TechTrendsKE - Jul 23, 2026
Authorities froze Sh115 million linked to Glory Kithure and Michael Machimbo as part of a money-laundering investigation. The investigation revealed fund flows through international remittance platforms and multiple intermediaries.
Michael MachimboBinanceFinancial Reporting Centre (FRC)Assets Recovery Agency (ARA)Glory Kithure
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