Agency set to watch more bank clients in terror cash hunt The Treasury has moved to boost the fight against terrorism financing by widening the scope of investigation to include most of the bank transactions. Treasury secretary, Henry Rotich has empowered the Financial Reporting Centre (FRC)…

If you are bank or an individual carrying out a financial transaction above KES 850,000 ($10,000), you will will be investigated. This will be done in order to find out the purpose of the transactions and the origin of the payments as well, a move that comes after a new legislation that seeks to combat financing of terrorism activities in the country.