HEADLINES:

Hormuud Telecom, Taaj Express, Salaam Bank and Dahabshiil Money Transfer directly pay taxes to Al-Shabaab.

0
Wednesday November 13, 2019 - 03:29:35 in Articles by Super Admin
  • Visits: 10129
  • (Rating 0.0/5 Stars) Total Votes: 0
  • 3 0
  • Share via Social Media

    Hormuud Telecom, Taaj Express, Salaam Bank and Dahabshiil Money Transfer directly pay taxes to Al-Shabaab.

    But Al-Shabaab derives the bulk of its funding for its operations from taxing business people and most lucrative companies in Mogadishu and control of most businesses in rural Somalia. 51 -Over the years, the terrorist group has established a well-st

    Share on Twitter Share on facebook Share on Digg Share on Stumbleupon Share on Delicious Share on Google Plus

But Al-Shabaab derives the bulk of its funding for its operations from taxing business people and most lucrative companies in Mogadishu and control of most businesses in rural Somalia. 51 -Over the years, the terrorist group has established a well-structured and oiled taxation infrastructure supported by courts, road tolls, and loyal revenue payers. At the edge of the knife, the group's operatives demands that all business people and companies pay tax to its agents.
52 -Hormuud Telecom company is on the list of companies remitting huge taxes to Al-Shabaab, although some of its directors deny this. Other heavy contributors to Al-Shabaab’s tax kitty include Somtel, Golis Telecom Puntland, Telesom Somaliland, Dahabshiil Money transfer, Salaam Somali Bank, Taaj Express, Iftin Express, Al-Buruuj Construction, Beco Power, and general business companies that use the Port of Mogadishu.
53- According to the staff members of Hormuud Telecom, Taaj Express, Salaam Bank iyo Dahabshiil Money Transfer, 41% of their colleagues collaborate directly or indirectly and pay taxes to Al-Shabaab.
54- The militant group also receive Zakawat payment, an Islamic tax payment on assets.
Besides topping the list of Al-Shabaab financiers through huge taxes, Hormuud’s technology services have enabled Al-Shabaab to effectively run a splendid and lucrative economic empire that including support from the Somali diaspora, locals, sponsors, and sustained dawa (proselytizing) and linking Somalia to its neighbors
Omar Faruk, and Max Bearak, "If I don’t pay, they kill me’: Al-Shabab tightens grip on Somalia with growing tax racket,” Washington Post, August 30, 2019; retrieved on September 9, 2019.
"If I don’t pay, they kill me’: Al-Shabab tightens grip on Somalia with growing tax racket,” Washington Post.
"Somalia: List of companies that pay Al-Shabaab most,” Waagacusub News, September 3, 2019, accessed September 7, 2019.
International Policy Group’s interviews in Somalia, August 13-22, 2019. and the world. In Mogadishu and much of rural Somalia, through Hormuud technology the group has operated a well-structured taxation system supported by its own infrastructure such as courts, road tolls, and loyal revenue payers.
Figure 11: Al-Shabaab Main Sources of Funding
Tapping into Humanitarian Assistance
Al-Shabaab is also in bed with the "Good Samaritan” as a lucrative revenue stream. Western humanitarian aid agencies have similarly been reported to work closely with the Al-Shabaab group. There has been attempts to justify this position as a necessity since that is the only way that the agencies are permitted to provide humanitarian aid to communities in areas controlled by the Al-Shabaab.
55- It is also a strategic way of gathering intelligence inside Somalia vital in the fight against terrorism.
Figure 12: Al-Shabaab’s Humanitarian Response
In a paper published by the Overseas Development Institute in 2013 titled, "Talking to the other side: Humanitarian negotiations with Al-Shabaab
55- "Sleeping with the Enemy,” The Elephant.
in Somalia,” revealed the operations between Al-Shabaab and aid agencies. Some humanitarian organizations were reported to make a registration and security fees of up to $20,000, every six months to Al-Shabaab.
56- As a result of the legal and other imperatives of running humanitarian operations in Al-Shabaab controlled areas, America has dithered from listing Al-Shabaab as a terrorist organization. Indeed, humanitarian actors are largely behind the call for negotiations with Al-Shabaab.
Editor-in-Chief Hassan Mude 


Share on Social Media

Al-qaida Share ,IBS bank Somalia launches Visa Card Payment

Waagacusub.net - IBS Bank Somalia, which is believed to have the largest amount of money, Al-Qaeda Finance Secretary Fazul Abdallah from Comoros has started issuing Visa Card Payments for the first time. Al-Shabaab's finance secretary confirmed that Mohamed Ali Warsame had $ 157 million in cash, according to Khalif Ereg, who was later bribed with $ 2 million. Full Article

 

Hormuud telecom and Al-Shabaab's Strategy of Destroying Mobile Communication Masts

Hormuud's Assault on African Peacekeepers Figure 14: African Peace Keepers Hormuud launched a scorching public campaign against the Kenyan military forces in AMISOM in late August 2019. Full Article

 

Hormuud Telecom pays an estimated $200,000 every month to the Al-Shabaab

"Hormuud pays an estimated $200,000 every month to the Al-Shabaab", said a former head of Amniyat and now a top official of Somali government intelligence agency tracking Al-Shabaab movements. Full Article

 

SOMALI OFFICIALS LINKED TO MONEY LAUNDERING, AND PUBLIC CORRUPTION

Waagacusub.net - Several members of Prime Minister Hassan Ali Kheyre's cabinet and senior government officials including close associates have been linked to money laundering, graft and corruption, according to sources. Some officials have allegedly been extorting businesses and NGO's, receiving illegal kickbacks, and steering inflated contracts to politicians, friends and family members as part of corrupt scheme. While other officials have misused development funds for regions, laundering millions of dollars to private bank accounts in Nairobi, Doha, London and Toronto. Full Article

 

KDF Killed Hormuud Telecom Workers and Destroyed its Communication Center in Gedo Region

KDF Killed Hormuud Telecom Workers and Destroyed its Communication Center in Gedo Region Full Article

 

Somali Identification Team Meets With World Bank Officials To Boost ID Efforts In Somalia

Somali Identification Team Meets With World Bank Officials To Boost ID Efforts In Somalia Full Article

 

Lawmaker calls for end to US taxpayer money for Somali National Army

Lawmaker calls for end to US taxpayer money for Somali National Army Full Article

 

Training Seminar for Journalists on International Standards of Freedom of Expression

The National Union of Somali Journalists (NUSOJ) has delivered a training seminar in Mogadishu, Somalia, on International Standards of Freedom of Expression for 30 journalists from private media. Full Article

 

Somali PM accuses Dahabshiil of funding al-Shabaab

Struggling government sparks concern in West Full Article

 

Somalia:"flagrant violation of free expression" after sentencing of an independent journalist in Somaliland

The National Union of Somali Journalists (NUSOJ) has strongly condemned a court verdict against independent journalist Abdimalik Muse Oldon in Somaliland's capital Hargeisa who was today sentenced to two (2) years of prison. Full Article

 


Leave a comment

  Tip

  Tip

  Tip

  Tip

  Tip


Somalia:War to Defeat Al Shabab Militarily

President HSM's Proclamation to Defeat Al-Shabab by Force in Somalia To overcome the complex problems of civil war, state fragility, and underdevelopment, the Somali people supported risky political changes for a government that promotes freedom, justice, peace, and prosperity in Somalia. For example, the Islamic movements enjoyed popular support to end the brutal reigns of warlords and the military occupation of Ethiopia and establish new government.

Somalia:$17 million external support has not been channeled through the country's single treasury account

Waagacusub.net -Auditor General Mohamed Ali alias Afgoi has exposed missing millions of dollars from key departments within the Federal Government of Somalia [FGS], in what could raise questions about government expenditures. In his report, Afgoi said 25 entities and three embassies have been audited. Unsupported expenditure amounts to $9M; contracts worth $31M not registered with auditor general's office, the existence of unauthorized bank accounts outside the Treasury Single Account.

Al-qaida Share ,IBS bank Somalia launches Visa Card Payment

Waagacusub.net - IBS Bank Somalia, which is believed to have the largest amount of money, Al-Qaeda Finance Secretary Fazul Abdallah from Comoros has started issuing Visa Card Payments for the first time. Al-Shabaab's finance secretary confirmed that Mohamed Ali Warsame had $ 157 million in cash, according to Khalif Ereg, who was later bribed with $ 2 million.

UGANDA: New Cabinet Members and Ministers of State

I hereby inform the country that By virtue of the Authority given to the President of Uganda by Articles: 108(2), 108A(1), 113(1) and 114(1) of the 1995 Constitution of the Republic of Uganda, I hereby appoint H.E. the Vice President, Rt. Hon. Prime Minister, Honourable Cabinet Ministers and other Ministers as indicated below:

Journalists barred from covering Somali leaders' meeting

The Associated Somali Journalists is deeply concerned that journalists were today barred from covering the meeting of the leaders of the Federal Government of Somalia and Federal Member States (FMSs) as well as the Governor and Mayor of Mogadishu.

Somalia's leader mourns death of Namibia president

Waagacusub.net - Somalia's President Hassan Sheikh Mohamud on Sunday mourned the death of Namibia President Hage G. Geingob and sent condolences to the government of the African country. Full Article

 

Somalia's ex-president warns of risk of 'political crisis' over plans to overhaul constitution

Waagacusub.net - Somalia's former President Mohamed Abdullahi Farmajo on Monday warned of the risk of political crisis over plans by the incumbent President Hassan Sheikh Mohamud to overhaul the constitution. Full Article

 

Egyptian President says will protect Somalia against anz threat

Waagacusub.net - Egyptian President Abdel Fattah el-Sissi said his country will protect Somalia against any threat in what can be described as an indirect response to recent Ethiopia's move to access the seaport of Somaliland. Full Article

 

Egypt Condemns Suicide Bomber Attack in Somalia

Egypt on Tuesday condemned a suicide bomber attack in Somalia that killed at least 20 soldiers. The attack took place at a training camp in the Somali capital, Mogadishu, on Monday. The al-Shabab terrorist group claimed responsibility. Full Article

 

Somalia:War to Defeat Al Shabab Militarily

President HSM's Proclamation to Defeat Al-Shabab by Force in Somalia To overcome the complex problems of civil war, state fragility, and underdevelopment, the Somali people supported risky political changes for a government that promotes freedom, justice, peace, and prosperity in Somalia. For example, the Islamic movements enjoyed popular support to end the brutal reigns of warlords and the military occupation of Ethiopia and establish new government. Full Article

 

Hormuud telecom and Al-Shabaab's Strategy of Destroying Mobile Communication Masts

Hormuud's Assault on African Peacekeepers Figure 14: African Peace Keepers Hormuud launched a scorching public campaign against the Kenyan military forces in AMISOM in late August 2019. Full Article

 

Former Intel official stripped from NISA membership

Former Intel official stripped from NISA membership Full Article

 

PM KHEYRE USELESS AND COSTY OVERSEAS TRIPS.

PM KHEYRE USELESS AND COSTY OVERSEAS TRIPS. Full Article

 

Abiy says 'New Year' will be celebrated in Eritrea, Ethiopian Airlines to resume flights

Abiy says 'New Year' will be celebrated in Eritrea, Ethiopian Airlines to resume flights Full Article

 

Massive rise in Islamist militant attacks in Africa

Massive rise in Islamist militant attacks in Africa Full Article