Somali money transfer firms used to fund war: c.banker | Top News | Reuters

https://i1.wp.com/www.lamoneta.it/uploads/post-121-1205654932.jpgNAIROBI (Reuters) – Somalia’s central bank governor says rebel groups are using informal money transfers to fund their operations and that people in the war-torn country risk starvation if it is hit by Zimbabwe-style inflation.Bashir Isse Ali told Reuters in an interview that al Shabaab — which Washington considers as al Qaeda’s proxy in the failed Horn of Africa state — sends and receives funds via money transfer firms and urged more transparency to combat money laundering.

Somali money transfer firms used to fund war: c.banker | Top News | Reuters -Read more

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