NAIROBI | KENYA , – Kenya’s chief prosecutor said on Thursday that Diamond Trust Bank must pay a fine of Ksh56 million shillings ($542,360) for violating anti-money laundering laws, adding his office reserved the right to prosecute it in the future. The charges related to the theft of nearly $100 million from the National Youth Service (NYS). Dozens of senior government officials and business people were charged in May 2018 with various crimes. Thursday’s announcement was Third time the bank is facing fines in Kenya. In 2018, the central bank fined the five banks (Diamond Trust Bank inclusive) nearly $4 … Continue reading Kenya DPP fines Diamond Trust Bank Ksh56mln under anti-money laundering laws