Editor's Review

The deputy president asked Kenyans to exercise care on their own as the government would not come up with laws to arrest the scammers.

Deputy President Rigathi Gachagua has appreciated that money laundering and other frauds have proliferated in the country.

He however implied that the government was helpless about the matter and that Kenyans ought to exercise care on their own.

Speaking in Uasin Gishu county on Saturday, December 2, Gachagua stated that no legislation was forthcoming to cushion Kenyans against the rackets that perpetrate the frauds.

According to him, the citizenry ought to work hard for their success at the expense of get-rich-quick schemes which the fraudsters operate behind.

"We can't come up with laws to deal with 'wash wash' (money launderers) and conmen, it is for Kenyans to be careful. They ought to know that nothing good comes easy. We want to ask our people to be careful with those who take advantage of them. When they come to cheat you they will double your money, why can't they triple theirs?"

Deputy President with Uasin Gishu leaders during the inaugural Great Chepsaita Cross Country run on Saturday, December 2.

The deputy president spoke on the sidelines of the inaugural Great Chepsaita Cross Country run.

In September this year, President William Ruto signed the Anti-Money Laundering and Combatting of Terrorism Financing Laws Amendment Bill, 2023.

The bill would amend the Extradition (Contiguous and Foreign Countries) Act (Cap 76) and the Extradition (Commonwealth Countries) Act (Cap. 77) to allow the surrender of a fugitive criminal who consents to be extradited to a requesting State.

It also amended the Capital Markets Act (Cap. 485A) to empower the Capital Markets Authority to enforce the compliance of its licensees with the laws on anti-money laundering and combating terrorism financing and proliferation financing.