8 Apr 2015

Garissa University Attack Kenya freezes accounts of individuals suspected of financing terrorism

 
In the wake of the Garissa University attack by Islamist militant group, al-Shabab, Kenya has frozen the accounts of individuals suspected to be behind the funding of the terrorist group.
Kenyan local media reported today, Wednesday that the government has "frozen the accounts of 86 individuals and entities suspected to be financing terrorism in the country".
The move also affected Somali remittance or money-transfer firms as Kenya suspended the licences of 13 Somali money-transfer firms.

Ali who pointed out that many Somalians in Kenya rely on relatives abroad for basics including school fees said the move was "going to hurt Somalis in Kenya more than Somalis in Somalia. The amount of money sent from abroad to Kenya is huge".
Al Jazeera reports that Somalia's central bank governor, Bashir Issa Ali, said today, Wednesday that money-transfer firms in the country had been officially notified by Central Bank of Kenya (CBK) about the closure of accounts.
He said the move would have a devastating impact on Kenya's Somali community, numbering just over 1 million people.
Kenya's President Uhuru Kenyatta is being pressured to deal with the armed group following the Garissa University attack even as  Kenya's foreign minister, Amina Mohamed said Kenya is seeking additional foreign intelligence and security help after the Garissa massacre.


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