EX-BANK M BOSS CHARGED, REMANDED

Former Bank M (Tanzania) executive Sanjeev Kumar Purushothaman is ascorted by security officers at Kisutu Resident Magistrate’s Court in the city recently.

Mr. Purushothaman faces 29 counts of money laundering, forgery and obtaining cash through false pretences amounting to Sh6 billion. He has been remanded in custody until March 21.

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