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  • 16-10-19

    Oman: special committee to stop Illegal remittances

    (MENAFN) The Omani government will now track the Remittances sent by emigrant workers to their families in their home countries, as it looks to clamp down on money sent outside the country by foreign workers who are here illegally.

    The money is being sent home by workers either through friends or extended members of their families who also stay in the country. Now, a special committee has been set up by the Ministry of Manpower, with assistance from the Central Bank of Oman, the Sultanate"s financial regulatory body, to stop this.

    The Director of Labor welfare at the Ministry of Manpower, Salim Al Badi said, "The illegal workers get help from either their friends or citizens, who in turn send money to their family back home under their names. This way of remitting money is illegal and makes it hard to track them. However, the Central Bank of Oman is going to be vigilant in this matter, as a committee has been formed to deal with this issue."

    MENAFN1610201900450000ID1099133307

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