Banks, FIA face scrutiny over forex externalisation
Contradictory accounts by the Bankers Association of Malawi (BAM) and the Financial Intelligence Authority (FIA) have raised questions of possible involvement of some commercial banks and their employees in illegal foreign exchange externalisation. The details emerged on Tuesday during a Parliamentary Committee on International Relations meeting with BAM and FIA. FIA says it has encountered … The post Banks, FIA face scrutiny over forex externalisation appeared first on Nation Online .