AG seeks powers to unmask the faces behind state tenders

international monetary fund imf
Share
  •  
  •  
  •  
  •  
  •  
  •  


Business Daily | by Otiato Guguyu


The State will reveal secret owners of companies involved in government tenders and private-public partnerships without seeking a court order, in new regulations, as the government races to meet the stringent IMF conditions.

This is after the government started the process of amending the Beneficial Ownership regulation, which would allow the state to reveal individuals hiding behind the corporate veil through secret accounts, lawyers and nominees when doing business with the government…

Read more…

 


Share
  •  
  •  
  •  
  •  
  •  
  •  

LEAVE A REPLY

Please enter your comment!
Please enter your name here