The Cabinet has ordered the Directorate of Criminal Investigations (DCI) to investigate payroll fraud after an audit revealed irregularities totaling Ksh 6.2 billion across 12 state departments. This decision, made during a meeting led by President William Ruto, aims to address longstanding payroll fraud, enhance the integrity of the public wage bill, and safeguard taxpayer funds through a comprehensive overhaul of the payroll system.

Abdi Mohamed, the long-serving Managing Director and CEO of Absa Bank Kenya, resigned on or around June 28, 2026, marking a significant change in the bank's leadership. His departure comes amid rising concerns about internal fraud within the organization, highlighting ongoing issues within the bank's boardroom dynamics, according to Kenya Insights.

The Ethics and Anti-Corruption Commission (EACC) has arrested Gilbert Momanyi Maturwe, a director of Gimo Security and Investigation Services Limited, over alleged procurement fraud related to a Ksh5.4 million security services contract at Keroka Technical Training Institute. The arrest follows investigations into the awarding of the contract.

In a recent observation by KCB Bank Uganda, it was noted that organizations that prioritize governance, risk management, and compliance as strategic advantages tend to outperform their competitors. This perspective shifts the view of compliance from merely fulfilling regulatory obligations to a broader strategic approach, suggesting that such organizations are better equipped to adapt and thrive in their respective sectors.

On June 24, the National Computer and Cybercrime Coordination Committee in Kenya announced plans to collaborate more closely with banks and mobile network operators to enhance the recovery of mistakenly sent mobile money transfers. This initiative aims to address a rise in cybercrime cases in the country, as highlighted in a recent cybercrime status report.

The Kenya Revenue Authority (KRA) has destroyed illicit goods valued at Sh218 million as part of a crackdown aimed at ensuring fair competition for compliant businesses, according to Chief Manager for Micro and Small Taxpayers Michael Gichuki.