The Bank of Tanzania (BoT) has warned members of the public against allowing their bank accounts or other financial service accounts to be used for receiving or transferring funds from unknown sources, saying they risk facing money laundering charges and other legal consequences.
The warning was issued by BoT Legal Officer in the Legal Affairs and Anti-Money Laundering Department, Sheikh Naniya, during a public awareness session at the Dar es Salaam International Trade Fair.
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