Kenya: want a shell company? No question
- London Financial Times 2013.
- 2p.
The article talks of Kenya being the easiest place in the world to set up an untraceable shell company. East Africa’s biggest economy tops a list of places in which incorporation agents are least likely to ask questions about the ownership of shell companies – groups which serve as a vehicle for business transactions, without active operations or meaningful assets. Those corporations have legitimate uses, but when set up anonymously can serve as vehicles for money laundering and tax evasion.
