Sunday, September 23, 2007

All that's wrong with political party financing

In the absence of strict legal controls, political party financing in Kenya will always retain a link to serious financial crime and money-laundering.

The phrase "money laundering" gained prominence during the Watergate Scandal when President Richard Nixon's Campaign Committee moved illicit campaign donations to Mexico and then brought the funds back through a shell corporation in Miami.

Read more here. from Capt. Collins Wanderi Munyiri.