Central Bank of Somalia slams allegations of corruption


The Central Bank of Somalia has robustly denied allegations that it is "at the heart" of a system of "misappropriation, embezzlement and outright theft of public resources".

Earlier this month, the United Nations monitoring group on Somalia and Eritrea released a report condemning the handling of public funds in the country, on the grounds that around 80% of withdrawals from the central bank "are made for private purposes and not for the running of government".

Between 2010 and 2012, the Arab Le

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