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  • 9/14/2023
Interior CS Kithure Kindiki on Thursday during a meeting with the National Assembly Ad-Hoc Committee on the inquiry into the activities and operations of Worldcoin in Kenya, said security vetting of foreign investors must be a priority because it's good for the country.
Transcript
00:00 At the moment, there is no requirement that foreign nationals who want to do business
00:09 in Kenya or want to associate with businesses doing in Kenya must necessarily be vetted,
00:18 although we do it.
00:20 We sometimes do it when we have reason to believe.
00:24 There is no law, and also as security agencies we would not want to intrude into commerce
00:32 unnecessarily and make it difficult for people to do business because we are a country that
00:39 has trade relations all over the world and we are encouraging investments in business
00:43 or ETC.
00:46 We do it when we suspect, when we have reasonable grounds to suspect these people want to register
00:54 a company could be suspicious characters.
00:58 But if I was asked, it should be the norm.
01:02 Because at the moment, even for locals, right now it is very easy to register a business
01:09 and that is how it should be because we are judged by World Bank and other agencies on
01:16 ease of doing business, but by how fast someone who wants to do business is able to incorporate
01:22 the business and start working.
01:24 But for the people of Kenya, that vetting can continue as they continue doing their
01:29 business.
01:30 At the very least, for foreign nationals, I think security vetting must be a priority
01:39 and a precondition for the relevant permits to be issued.
01:46 It is good for the country and we can have a way of expediting that vetting so that it
01:50 doesn't also take unnecessarily long period of time.
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01:57 [BLANK_AUDIO]

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