Legal Question in Banking Law in Kenya

what is money laundering and the various law passed to combat money laudering


Asked on 7/02/13, 4:25 am

1 Answer from Attorneys

Fca Prashant Chavan Expert Edge LLP

02.07.2013

Dear Sir / Madam,

Money laundering is the hoarding of money in cash or in accounts in banks without payment of the prevailing and prescribed tax of the country.

Regards,

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Answered on 7/02/13, 4:33 am


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