Central Bank of Kenya has lifted the suspension on, Dahabshiil Kenya, the international money remittance services provider.The company immediately announced resumption of services, saying a government audit had given it a clean bill of health.
The government suspended all licensed remittance providers on April 7, 2015, in an effort to crack down on terrorism funding. The authorities carried out a comprehensive review of Dahabshiil Kenya’s operations, policies and practices.
A press statement from the company says it were found to be operating within the law, and runs strict anti-money laundering and counter-terrorism financing practices.
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Dahabshiil will now benefit from access to the Kenyan Ministry of Interior’s new Integrated Population Registration Services database, which the Ministry has introduced in order to facilitate local customer due diligence.
Group CEO Abdirashid Duale said Dahabshiil network operates in 126 countries, including Kenya, the UK and the USA.
“We respect and comply with the laws of each and every country. Our services provide a vital lifeline for people to feed, educate and otherwise help their families and loved ones, and to run businesses, thus creating jobs,” he said. “We are also pleased we can resume working with the many international organisations who use our services to support vital humanitarian and development programmes.”
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