New rules to stamp out money laundering

Saturday May 11 2013

A woman withdraws money at an M-Pesa shop in Nyeri on April 16. Under new rules, transactions that exceed Sh100,000 every day or Sh300,000 a week will now be closely scrutinised. PHOTO/JOSEPH KANYI

A woman withdraws money at an M-Pesa shop in Nyeri on April 16. Under new rules, transactions that exceed Sh100,000 every day or Sh300,000 a week will now be closely scrutinised. PHOTO/JOSEPH KANYI NATION

By MWANIKI WAHOME [email protected]