HOME Affairs Minister Stephen Kampyongo says Comsave Credit Union and ONO Savings and Credit Association were involved in money laundering activities amounting to K69.4 million. Rendering a ministerial statement on Comsave Credit Union and ONO savings, Thursday, Kampyongo said the activities of the two entities gave semblance to money circulation schemes contrary to the provisions of the Banking, Financial Services Act which prohibited any person from conducting financial services without a license “As the House may be aware, on September 26, 2020 the Drug Enforcement Commission through its money laundering investigation unit arrested seven directors of two entities namely ONO Savings and Credit Association and Comsave Credit Union for money laundering services involving K69.4 million and for breaching the provisions...

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