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A new report by the United States Department of State Bureau for International Narcotics and Law Enforcement Affairs, released in March 2025, has revealed that lawyers, estate agents, and notaries are among the key facilitators of money laundering in Kenya.
According to the report, while Kenya is actively working to improve its systems to combat financial crimes, it still faces significant risks and challenges.
Lawyers, estate agents, and notaries continue to obstruct efforts to counter money laundering, despite Kenya’s pledge in 2024 to strengthen its financial crime prevention measures.
“Designated non-financial businesses and professions (DNFBPs), such as lawyers, estate agents, and notaries, are another avenue for money laundering,” the report stated in part.
A person counting money in Kenyan currency.
Photo
Kenyans.co.ke
Lawyers can be involved in money laundering, often acting as intermediaries or facilitators, whether knowingly or unknowingly. Through property transactions, lawyers assist in buying or selling real estate—a common method used by offenders to conceal or legitimise illicit funds.
Additionally, some lawyers collaborate with offenders to establish shell companies that exist only on paper.
These companies can be used to disguise unlawful funds, making them appear legitimate. Some lawyers also manage trust accounts or shield money launderers, ultimately obstructing efforts to combat financial crime.
In February 2024, Kenya made a high-level political commitment to improve its systems and agreed to an action plan with the Financial Action Task Force (FATF) to address identified anti-money laundering.
To regulate designated non-financial businesses and professions, such as lawyers, estate agents, and notaries, a court injunction has prevented the government from requiring lawyers to report suspicious transactions.
The report also found that foreign nationals, including refugees and ethnic Somali residents, frequently use informal remittance systems, such as unlicensed money or value transfer services, for international transactions. Offenders may exploit these systems to facilitate swift, anonymous money transfers.
Money laundering remains a significant risk, with Kenya’s proximity to Somalia attracting funds from unregulated Somali sectors, such as the khat and charcoal trades.
However, according to the report, Kenya has a system in place to detect and prevent money laundering and collaborates with international bodies to enhance its processes.
The report has revealed that Kenya and the United States collaborate in investigating financial crimes, adhering to international laws and working together to combat money laundering.
Kenya & UK leaders during the launch of the UK-funded project to strengthen Kenya’s AML/CFT Framework, November 28, 2024.
Photo
UNODC
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