Ministry of Trade and Industry representative indicated that the company [TelexFree] has been laundering money, evading taxes and exploiting Rwandans to the benefit of its foreign owners. MTI had formally banned the company from operating recently.
UPDATE: New figure puts the figure at 7 BILLION Rwandan francs, equivalent to 11.3 million USD, transferred out of Rwanda to Germany and the US.
Article also stated that Tanzania already banned TelexFree.
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