Tanzania Finance Minister Mpango says forex shops are money laundering conduits

Finance and Planning Minister, Dr Phillip Mpango

What you need to know:

Finance and Planning Minister, Dr Phillip Mpango said on Monday, April 1, 2019 that an audit into operations of bureaux de change in Dar es Salaam and Arusha has revealed that money changing shops were being used as agents for money laundering and capital flight.

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