Mozambican banks state that account freezing is strictly preventive

Haber özeti

The Mozambican Association of Banks (Associação Moçambicana de Bancos – AMB) clarified this Thursday that the freezing of accounts and impoundment of balances based on suspicions of fraud or money laundering are strictly preventive measures, leaving subsequent procedural decisions to competent authorities. The clarification follows an official notice issued on September 29 by the Bank… Source