Uganda Revenue Authority (URA) customs officials arrested three Somali nationals with undeclared money in both Ugandan and foreign currency.
The three were apprehended at the Oraba border as they attempted to cross into Uganda from South Sudan. The identified Somalis were; Hassan Hussein, Guhad Ismael, and Abdirahman Farah.
According to URA, Hassan Hussein was found in possession of Shs70,162,000, Guhad Ismael had Shs43,000,000 and Abdirahman Farah had Shs9,104,000, $196 and 23,040South Sudan pounds.
Philip Ofubo, the URA customs official said that their followed intelligence reports of a group of Somalis often crossing the border with large sums of money.
Anti Money Laundering Act 2013 calls on persons with money exceeding 1,500 currency points (Shs30,000,000) to notify URA which the Somalis failed to adhere to.
The Act further imposes an offence for failure to report to URA conveyance of cash in and out of Uganda and a penalty of imprisonment for a period not exceeding 15 years or a fine not exceeding 100,000 currency points (Shs2 billion) or both.
