Malawi: Reserve Bank of Malawi Caught Up in $1.1m Forex Seizure Case

[Nyasa Times] The Reserve Bank of Malawi is holding $1.1m (about K1.9bn) in cash seized from two Tanzanian nationals, placing the central bank at the centre of a case that has surfaced as the country grapples with a severe foreign exchange shortage and growing concern over illicit financial flows.

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