Kenya to Give Blacklisted MSBs a Week to Appeal Sanctions, Says FIU Official

By Irene Madongo

UPDATE APPENDED: Kenyan officials will give money transfer companies and other businesses a week to appeal their inclusion on a sanctions list targeting al-Shabab, the head of the country's financial intelligence unit said. The government will move forward with restrictions against 85 organizations and individuals suspected of financing or otherwise serving the Somali terrorist group, but allow designees to present their cases to officials by the end of next week, Jackson Kitili, the interim director of Kenya's Financial Reporting Centre, told ACAMS Friday. "Today, the inspector general of the police is going to put up a notice in the...