Proceeds of Crime and Anti-Money Laundering Act

3. Money laundering

Edition: 2025-11-04 · In force

3. Money laundering

A person who knows or who ought reasonably to have known that property is or forms part of the proceeds of crime and—

(a)enters into any agreement or engages in any arrangement or transaction with anyone in connection with that property, whether that agreement, arrangement or transaction is legally enforceable or not; or

(b)performs any other act in connection with such property, whether it is performed independently or with any other person, whose effect is to—

(i)conceal or disguise the nature, source, location, disposition or movement of the said property or the ownership thereof or any interest which anyone may have in respect thereof; or

(ii)enable or assist any person who has committed or commits an offence, whether in Kenya or elsewhere to avoid prosecution; or

(iii)remove or diminish any property acquired directly, or indirectly, as a result of the commission of an offence,

commits an offence.

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Source: Kenya Law