Why is eWallet potentially illegal?
Two African countries, Namibia and Swaziland, issued official warnings that TVI Express apparently violated national banking laws by performing “banking activities without a license”. Central Bank of both countries are investigating. TVI Express members in Swaziland claim that they have “global permit”, according to one newspaper in Swaziland. The officials in the Central Bank replied that there is no such thing as “global permit”. If you do business in one country, you have to get that country’s business license.
