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: 19369
  • (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

Analysis: Fears Grow as Trump Administration Prepares Crackdown on Somali Money Transfer Companies in the U.S.

Washington / Minneapolis — Signs are increasingly pointing to a sweeping new crackdown by the United States against Somali-owned money transfer companies, raising alarm within the Somali-American community as political rhetoric intensifies. Full Article

 

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

 


Leave a comment

  Tip

  Tip

  Tip

  Tip

  Tip


Mass Evictions and Political Tensions Push Somalia Deeper Into Crisis

Somalia is facing a deepening humanitarian and political crisis following widespread forced evictions, deadly security operations, and escalating tensions between the federal government and opposition groups.

Somalia Condemns Israeli Foreign Minister's Visit to Hargeisa as Violation of Sovereignty

The Federal Republic of Somalia has issued a strong diplomatic condemnation following an unauthorized visit by Israel's Minister of Foreign Affairs to Hargeisa, declaring the move a grave violation of Somalia's sovereignty, territorial integrity, and political unity.

President Donald Trump Revokes Deportation Protections for Somalis in Minnesota, Sparking Tension and Fear

Washington – U.S. President Donald Trump has announced the immediate cancellation of deportation protections for Somali nationals living in the state of Minnesota, sending shockwaves through one of the largest Somali diaspora communities in the world. In a strongly worded post shared online, President Trump stated: "Somali gangs are terrorizing the people of that great State, and BILLIONS of Dollars are missing. Send them back to where they came from. It's OVER!" The message has triggered widespread fear among Somali immigrants and families in Minnesota, many of whom have lived in the United States for decades and built stable communities.

Netherlands Secure World Cup 2026 Spot in Style – Koeman Warns: "Victory Is Only the Beginning"

By Dahir Abdulle Alasow – Investigative Sports Journalist Amsterdam – 18 November 2025 =The Dutch national football team is celebrating a historic achievement after officially qualifying for the FIFA World Cup 2026 with a dominant 4–0 victory over Lithuania in Amsterdam on Monday night.

Ethiopia Strengthens Gulf Ties: Somali-Region Diplomat Jamal Bakar Named Ambassador to UAE

Addis Ababa, Ethiopia – In a move highlighting Ethiopia's growing focus on Gulf partnerships, Prime Minister Abiy Ahmed has appointed Ambassador Jamal Bakar, a senior diplomat from the Somali Regional State, as the country's new Ambassador to the United Arab Emirates (UAE).

Turkey's Expanding Influence in Somalia Raises Regional Concerns

MOGADISHU, Somalia — Turkey's growing political, military, and economic influence in Somalia is increasingly drawing attention across the Horn of Africa and Red Sea region as geopolitical competition intensifies between regional and international powers. Full Article

 

Mass Evictions and Political Tensions Push Somalia Deeper Into Crisis

Somalia is facing a deepening humanitarian and political crisis following widespread forced evictions, deadly security operations, and escalating tensions between the federal government and opposition groups. Full Article

 

Somalia Defense Minister Threatens Opposition Leaders Ahead of Planned Protests

MOGADISHU, Somalia — Somalia's Defense Minister Ahmed Moalim Fiqi has sparked outrage after issuing strong threats against opposition leaders planning anti-government demonstrations in Mogadishu, warning that security forces would respond forcefully to any protests challenging the federal government. Full Article

 

ASOJ Warns Against Growing Pressure on Independent Media in Somalia

The Associated Somali Journalists (ASOJ) has expressed concern over what it describes as growing pressure, intimidation, and suppression targeting independent media and freedom of expression in Somalia. Full Article

 

Turkey Takes Diplomatic Lead in Somalia as Western-Backed Talks Stall

MOGADISHU, SOMALIA — Turkey is increasingly emerging as the dominant foreign diplomatic force in Somalia following the failure of political talks previously supported by the United States, the United Kingdom, and international partners, highlighting a major shift in influence inside Somalia's political landscape. 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