Jail risk for use of frozen Sh5.6bn linked to top politician, Nigerians

Frozen money concept. FILE PHOTO | NMG

Individuals and banks that transact with Sh5.6 billion frozen early this month linked to two Nigerians and a powerful politician risk multimillion fines.

The money in six bank accounts frozen early this month is suspected to be part of a money laundering scheme, according to the Assets Recovery Agency (ARA).

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