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.
The real estate sector is capital-intensive but is not properly regulated. [Courtesy]
The real estate sector has been ranked as one of the major avenues through which proceeds of crime are hidden.
The Financial Reporting Centre's (FRC) latest report shows that the real estate sector was assessed to have a high money laundering threat in the 2021 National Risk Assessment.
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