Absa Bank Kenya Defends Itself Over Anti-money Laundering Lapses

Absa Bank Kenya PLC, with its foreign exchange licence suspended, on Thursday it defended itself from wrongdoing following Central Bank’s penalty against it for failing to report specific foreign exchange trades it conducted in March. In a statement, the lender said it canceled the said transactions when the Central Bank of Kenya raised its concerns. … Continue reading Absa Bank Kenya Defends Itself Over Anti-money Laundering Lapses