Burundi government has accused the Burundi-based private bank, Interbank of doing illegal transactions with outsiders, such as ‘supporting rebels’ movements warring in the eastern DRC’.

This was announced yesterday in a public hearing opposing Burundi’s Court and InterBan Burundi. The dossier was opened after the Burundi Police arrested two DRC citizens with an amount of 1 500 000 USD the bank was transferring to DRC’s based bank, Trust Merchant Bank.

These two people said they had withdrawn that money from Interbank Burundi. The government of Burundi, therefore, decided to sue that bank to court accusing it of conducting illegal transactions.

The Court subsequently announced that Interbank Burundi violated the already regulation of Burundi Central Bank denying any person from Burundi to travel outside of Burundi with more than 3000 USD cash.

This was announced yesterday in a public hearing opposing Burundi’s Court and InterBan Burundi. The dossier was opened after the Burundi Police arrested two DRC citizens with an amount of 1 500 000 USD the bank was transferring to DRC’s based bank, Trust Merchant Bank.

These two people said they had withdrawn that money from Interbank Burundi. The government of Burundi, therefore, decided to sue that bank to court accusing it of conducting illegal transactions.

The Court subsequently announced that Interbank Burundi violated the already regulation of Burundi Central Bank denying any person from Burundi to travel outside of Burundi with more than 3000 USD cash.

By egionweek.com