PREMIUM
News

How car bonds have become dens of crime

Security sources said the investigations had stretched from money laundering to drug trafficking within car bonds. 

A car bond in Kampala. Financial Intelligence Authority spokesperson Muhangi said they shared intelligence about individuals who have turned car bonds into drug trafficking and money laundering dens.
By: Charles Etukuri, Journalists @New Vision


KAMPALA - The Financial Intelligence Authority (FIA) has confirmed sharing intelligence with investigative agencies over involvement of car bond businesses in suspected money laundering activities and residency irregularities

Login to begin your journey to our premium content

Tags:
Police
Crime
Car bonds
Drug trafficking
Money laundering