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: 17544
  • (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

Related Items

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

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 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 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

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

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

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

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

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

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

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


Featured

Union for National Dignity: Inside Somalia's New Political Power Bloc Ahead of 2026 Elections

Union for National Dignity: Inside Somalia's New Political Power Bloc Ahead of 2026 Elections

By: Super Admin

By Dahir Alasow – Investigative Journalist, Waagacusub Media Mogadishu | Waagacusub.net | November 2025 A new political alliance is taking shape in Somalia as nine influential political figures — drawn from different parties, civic movements, and government backgrounds — have united under one banner known as the Union for National Dignity (Midowga Haybad Qaran). The coalition, announced through a joint press statement in Mogadishu, aims to create a unified political front capable of "restoring national cohesion, governance integrity, and public confidence in Somalia's democracy."

Featured

Somalia: Clan Divisions Surface as Jacob Frey Wins Third Term in Minneapolis Mayoral Race

Somalia: Clan Divisions Surface as Jacob Frey Wins Third Term in Minneapolis Mayoral Race

By: Super Admin

Tensions, celebrations, and disappointment have swept across Somali social media circles following the fiercely contested Minneapolis mayoral election, where the race took on deep clan and community undertones among the city's large Somali diaspora.

Featured

D66 Triumphs in Dutch Elections as Far-Right Support Collapses

D66 Triumphs in Dutch Elections as Far-Right Support Collapses

By: Super Admin

A new political era emerges in the Netherlands after a centrist victory led by Rob Jetten. Breda (Waagacusub.net) – The Netherlands' 2025 general election has reshaped the country's political landscape, with the liberal-centrist party Democrats 66 (D66) emerging as the clear winner. Led by Rob Jetten, D66 secured a decisive victory over far-right rival Geert Wilders and his Party for Freedom (PVV), whose support dropped sharply across the nation.

Featured

Somali Activist Group Calls for Swiss Investigation into TikTok Influencer

Somali Activist Group Calls for Swiss Investigation into TikTok Influencer "Khalid Mula"

By: Super Admin

The Somali-led watchdog organization Solda Safety Network has filed a formal request with Swiss authorities to investigate Mohamed Mohamud, a Somali national living in Lausanne who is known on TikTok as "Khalid Mula."

Featured

Somalia accuses Ethiopia of weapons smuggling for fourth time

Somalia accuses Ethiopia of weapons smuggling for fourth time

By: Super Admin

Somalia's government on Sunday accused Ethiopia of smuggling arms into the country for the fourth time this year, further alleging its involvement in supporting regional officials, subject to court warrants and actively pursued, in efforts to destabilize the nation.

Articles

Alasow Foundation Officially Registered in the Netherlands and the United States

Alasow Foundation Officially Registered in the Netherlands and the United States

By Super Admin

Breda, Netherlands / Wilmington, Delaware – November 2025 The Alasow Foundation, a global humanitarian organization, has been officially registered as a legal nonprofit entity in both the Kingdom of the Netherlands and the State of Delaware, United States of America. This dual registration marks a major milestone in the Foundation's mission to expand its international humanitarian and development programs — focusing on clean water wells, education, orphan care, medical assistance, and emergency relief across Somalia and the Horn of Africa. Full Article

 
Somalia's Political Cycle of Betrayal: From Mubarak to Saacid – History Repeats Itself

Somalia's Political Cycle of Betrayal: From Mubarak to Saacid – History Repeats Itself

By Super Admin

By Dahir Alasow | Investigative Journalist In the Middle East and Africa, politics has often been a theater of betrayal — where allies turn against each other, and power devours its own makers. The stories of Egypt's Hosni Mubarak, Mohamed Morsi, and Abdel Fattah el-Sisi mirror a political pattern that is now re-emerging in Somalia. Full Article

 
Crisis at Mogadishu Airport: Favori Company Fires Somali Workers Without Cause as Operations Grind to a Halt

Crisis at Mogadishu Airport: Favori Company Fires Somali Workers Without Cause as Operations Grind to a Halt

By Super Admin

Mogadishu (Waagacusub Media) – A major crisis has erupted at Aden Adde International Airport after Favori LLC, the Turkish company managing the airport, suspended and dismissed several Somali employees without explanation, causing near-total paralysis of airport operations. Full Article

 
Union for National Dignity: Inside Somalia's New Political Power Bloc Ahead of 2026 Elections

Union for National Dignity: Inside Somalia's New Political Power Bloc Ahead of 2026 Elections

By Super Admin

By Dahir Alasow – Investigative Journalist, Waagacusub Media Mogadishu | Waagacusub.net | November 2025 A new political alliance is taking shape in Somalia as nine influential political figures — drawn from different parties, civic movements, and government backgrounds — have united under one banner known as the Union for National Dignity (Midowga Haybad Qaran). The coalition, announced through a joint press statement in Mogadishu, aims to create a unified political front capable of "restoring national cohesion, governance integrity, and public confidence in Somalia's democracy." Full Article

 
BBC Director-General Tim Davie Expected to Resign After Altering Trump Speech Footage from January 6 Capitol Riot

BBC Director-General Tim Davie Expected to Resign After Altering Trump Speech Footage from January 6 Capitol Riot

By Super Admin

Waagacusub.net London – The Director-General of the British Broadcasting Corporation (BBC), Tim Davie, is reportedly preparing to resign following revelations that the BBC had edited or distorted a portion of Donald Trump's speech delivered on January 6, 2021, during the attack on the U.S. Capitol. Full Article

 

Special Reports

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

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

By Super Admin

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

By Journalist Bashiir

Former Intel official stripped from NISA membership Full Article

 
PM KHEYRE USELESS AND COSTY OVERSEAS TRIPS.

PM KHEYRE USELESS AND COSTY OVERSEAS TRIPS.

By Journalist Bashiir

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

By Journalist Bashiir

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

By Journalist Bashiir

Massive rise in Islamist militant attacks in Africa Full Article

 

Website links