Kenya Put on List of Money Laundering Hotspots Kenyan Currency notes. File A report by the International Narcotics Control Strategy released in March 2021, has put Kenya on the list of major money laundering countries in the world. The annual report by the Department of State to the US Congress was prepared in accordance with the Foreign Assistance Act. The report highlights all the efforts of key countries to attack all aspects of the international drug trade. The report indicates the vulnerability of Kenya to money laundering, financial fraud, and terror financing. Money laundering occurs in the formal and informal sectors, deriving from domestic and foreign criminal operations.