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The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
In June 2022, the High Court froze the accounts of Nigerian start-up firm Flutterwave Payment Technology Limited with Sh6.5 billion over allegations of money laundering.
Flutterwave was among several companies, businessmen, individuals and state officers that the Asset Recovery Agency (ARA) claimed were engaged in money laundering schemes and had accumulated billions of shillings of unexplained wealth through proceeds of crime and corruption.
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