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The election is to take place on Thursday.
The sources said that Sharmarke was promised funds for his election by the United Arab Emirates but the plan was scraped after the oil rich Gulf State sensed his defeat.
The Kenyan donated dollars are to be given to somali parliamentarian who are to select the president, the seat is wanted by 24 candidates.
The Somali parliamentary and presidential elections are generally dominated by vote buying.
Several other countries are having their favorite candidates. Other neighboring country of Somalia which is Ethiopia is also supporting the current president Hassan Sheikh Mohamud who runout of legal mandate in August .
Ethiopia sent several senior officials and agents from their secret services to Mogadishu to promote Mohamud's re-election.
By Dahir Alasow
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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.
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