Central Bank of Somalia slams allegations of corruption

central-bank-of-somalia

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

To continue reading...

You must be signed in to use this feature.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: