M’banza Congo – A sum of $11.790 undeclared to customs authorities at the Luvo border, municipality of M’banza Kongo, province of Zaire, was seized last Wednesday by the National Police (PN), for exchange transgression.
According to the spokesperson for the provincial command of the National Police in Zaire, Luís Bernardo, the amount was in the possession of two citizens of the Democratic Republic of Congo, who intended to circulate these currencies on the national market in a clandestine manner.
Speaking to ANGOP, the source explained that the seizure occurred close to the area called 'Ebola', two kilometers from the Luvo customs post.
He highlighted that the seized values were handed over to the customs authorities of the 1st Tax Region of the General Tax Administration (AGT) in Luvo.
Also this month, the Tax Police deployed in the commune of Luvo also seized 32.500.000 (US$39.147,2) that were being transported to the neighboring country.
Regarding this issue, Notice No. 06/2022, from the National Bank of Angola (BNA) determines an amount not exceeding US$10K that Angolan citizens or foreigners (exchange residents) must take when leaving or entering the country without make declarations to the country's tax or border authorities.
This measure aims to prevent and combat crimes, such as money laundering and terrorist financing, with an impact on the transport of money in the form of cash or bearer payment methods between countries. DMN/PMV/QCB/CF/DOJ
