Artigo
Bus companies suspected of aiding terrorism stripped of insurance policies
"Bus companies linked to aiding terrorism stripped of insurance"
Insurance for bus companies associated with entities suspected of funding terrorism has been terminated. This follows the government’s naming on Wednesday of 86 entities, including individuals, accused of aiding terror attacks in Kenya. The Insurance Regulatory Authority (IRA) said the conduct of insurance business is subject to anti-money laundering and counter terrorism laws.
The action followed a terror attack at Garissa University College, where 148 people were killed. “For bus companies, this means that they cease to operate as they cannot be on the road without valid insurance covers,” said the regulator.