Author Topic: Kenya to give US access to 1M kshs transactions records  (Read 2430 times)

Offline RV Pundit

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Kenya to give US access to 1M kshs transactions records
« on: September 01, 2015, 09:14:36 AM »
Although privacy concerns are legit; I think this is good move to curb corruption, drug money, terrorism and other illegal proceeds.

Offline Empedocles

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Re: Kenya to give US access to 1M kshs transactions records
« Reply #1 on: September 01, 2015, 10:17:51 AM »
The crucial point to this whole operation is that the commercial banks themselves are the ones to forward the information to the CBK. If they don't forward anything, there will be nothing to forward to the Americans.

Are our banks really ready to play ball?

Quote

http://carolmusyoka.com/our-banks-are-laundering-corruption-proceeds/

Offline veritas

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Re: Kenya to give US access to 1M kshs transactions records
« Reply #2 on: September 01, 2015, 10:22:49 AM »
The US already has access to Kenya's monetary system. CBK etc. lose millions of KSh a week to hackers most likely USA affiliated. Giving access is a privacy violation. I'm wondering whether the US have already found stuff and are using this to make legit catching terrorists.

Offline Georgesoros

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Re: Kenya to give US access to 1M kshs transactions records
« Reply #3 on: September 01, 2015, 02:48:59 PM »
This was done long time ago. They are just looking for a cover.

Offline Kadudu

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Re: Kenya to give US access to 1M kshs transactions records
« Reply #4 on: September 01, 2015, 02:55:35 PM »
What happened to that old song "Kenya is a sovereign state and no need to take orders from imperialists"?

Offline Mintos

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Re: Kenya to give US access to 1M kshs transactions records
« Reply #5 on: September 01, 2015, 04:35:17 PM »
the privacy issue must be tackled first

Offline Kim Jong-Un's Pajama Pants

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Re: Kenya to give US access to 1M kshs transactions records
« Reply #6 on: September 01, 2015, 06:01:28 PM »
They might as well outsource the EACC functions too.  And DPP office functions while at it.
"I freed a thousand slaves.  I could have freed a thousand more if only they knew they were slaves."

Harriet Tubman

Offline RV Pundit

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Re: Kenya to give US access to 1M kshs transactions records
« Reply #7 on: September 01, 2015, 08:17:21 PM »
That won't be a bad idea coz we have failed. We should not be afraid to tap the west where their expertise is required. But we should also be ready to resist their bullying tactis...and any nefarious schemes.
They might as well outsource the EACC functions too.  And DPP office functions while at it.