Somalia Mobile money: A major source of funding for Al-Shabaab-Hormuud Telecom

26. There is no doubt that, on the one hand, mo-bile money services brought financial inclusion to Somali citizens across the country. On the other hand, ordinary citizens are not the sole or even major beneficiaries of Al-Barakat mobile money services. As a matter of fact, Al-Shabaab terrorist group…

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Somalia:Hormuud telecom TAAJ service - EVC-Plus +Terrorist

'Mobile money is easy to send and receive money from anywhere in the world; here Hormuud included TAAJ service, TAAJ service is really under EVC-Plus and you can receive money from abroad directly on your phone; some of my friends are receiving money from Saudi Arabia through their phones by Taaj…

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Somalia: Hormuud Telecom Owner is identified as one of Al-Shabaab's chief financiers - UN report

Security Council Committee on Somalia and Eritrea Adds One Individual to List of Individuals and Entities. On 17 February 2012, the Security Council Committee pursuant to resolutions 751 (1992) and 1907 (2009) concerning Somalia and Eritrea added one individual to the list of individuals and entities…

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Video Villa Somalia terrorists Attack led by Harmuud Telecom Staff

Watch updated News video about the Attackers. The U.S. condemned the Somali presidential palace assault, which underscores the need for continuing support for the Somali National Security Forces and African Union Mission in Somalia, State Department spokeswoman Jen Psaki said in a diplomatic statement.

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Somalia:List of former Hormuud Telecom staff members who joined the terrorists.

1- Former Al Shabab leader Ahmed Godane was a member of Al-Barakaat group in Hargeisa. 2- Head of Amniyat branch of Al Shabab Mahad Karate was part of Al Barakat group in Mogadishu. 3- Khalif M Warsame (Khalif Adale) Head of NGO affairs of Al Shabab was a member of Hormuud telecom top officials. He…

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Taaj express became great opportunity for Al Shabab which easily receives money from abroad.

Taaj Money transfer which has been established few years back became the fastest remittance company in the Somali Hawala market. It has been designed in a way the money is sent through MMT known as EVC+, Saad Service and Sahal Service, that means you'll receive your money on your mobile phone if…

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Somalia: Al-Shabaab appoints Secretary of Finance - Hormuud Telecom Operation Manager

Al-Shabab Appoints well known person to the position of secretary of finance.

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Somalia:Al-Shabab Appoints secretary of finance Abdikariim Kaariye Hormuud Telecom.


Al-Shabab Officials say after a long brawl within the terrorist they agreed to appoint Mr Abdikarim Mohamed Kariye as their finance secretary. Mr Kaariye is Duduble clan, Mohamed Amal Sub-clan, Rer Dehey Sub-sub-clan.

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IMF Flawed Approach to Somalia Masks Deep Governance Failure

Somalia, after 20 years of statebuilding efforts, is precipitously descending again into deep civil strife because of autocratic, corrupt, incompetent, divisive, hypocritical federal leaders more than any other factor. Today Somalia experiences the authoritarianism that Nicholas Kayser-Bril described…

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Somalia:Risk of terrorism financing through mobile money- Hormuud Telesom and Golis ?

-Risk of terrorism financing through mobile money: Al-Shabaab can finance its terrorist activities due to the lack of regulation on mobile money transfers. - Risk of money laundering through mobile money: Money launderers can use mobile money, as they can multiply mobile money accounts without giving…

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How mobile money works in Somalia -Al-Barakaat Group Hormuud Telesom Golis

The launch of mobile money services 12. From 2002 until mid 2009, the company has been only providing GSM services, fixed line and internet services. In 2009, Al Barakat Telecom (also known as Telesom, Golis or Hormuud) launched ZAAD Service the country's first mobile money service. In Puntland,…

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Somalia:Terrorist Financing, Money Laundering, Fraud & Inflation Mobile Money.

1.Three companies dominate the entire telecommunication industry across Somalia especially the GSM sector. They are Somaliland Telesom(Telesom Company), Puntland Golis (Golis Tele-com), and SC Somalia's Hormuud (Hormuud Telecom). Each individual company is specifically dominant in its geographic…

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Somalia:Hormuud telecom largest shareholder as a prominent member of Al-shabaab -UN Report

The Dark Side of Al-Barakat Mobile Money Services. Many individuals and organizations have written about Somalia Mobile Money Services (also knowns ZAAD Service) which the three leading companies of the telecommunication industry in Somalia(Telesom, Golis and Hormuud) provide. How ever, all existing…

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Somalia auditor general slams government finances

Sunatimes.com -The Somali government is keeping some donor funds offshore and none of the ministries have completed last year's accounts, the auditor general said in a report published on Wednesday.

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Somalia:Taaj Express report of terrorism and its black market ?

Sunatimes.com - Taaj Money transfer which has been established few years back became the fastest remittance company in the Somali Hawala market. It has been designed in a way the money is sent through MMT known as EVC+, Saad Service and Sahal Service, that means you'll receive your money on your…

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Qatar fuels chaos in Somalia - Farmajo,refused to accept the results of Jubbaland election

Sunatimes.com - Qatar's interference in Somalia threatens a civil war, since Jubaland election results confused Hamadeen.

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Challenges to Ethiopia's Regional Ambitions

Sunatimes.com - The Maekelawi prison had a history of torture and repression until it was officially closed on 7 April 2018. Prime Minister Abiy Ahmed's decision to open it to the public, was praised by human rights organisations as the next step towards political liberalisation. The timing, however,…

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Somalia and China MOU Tuna Agreement ended up Corruption

The purpose of this Memorandum of Understanding (MOU) is to facilitate the operation of fishing vessels owned or being within the association of [PARTY] in the Somali Exclusive Economic Zone (EEZ) to target tuna and tuna like species. 2. The objective of this MOU is to establish a lasting relationship…

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Somalia:Hormuud Telecom bribed SNTV directors to ensure the sensitive account to be deleted.

Major Telecom Firm Accused of Acting as Al-Shabaab's Messenger

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Ahmed Nur Ali Jim'ale, a chief financier of Al—Shabaab and Hormuud Telecom owner

Today Omar—sworn in to Congress on a copy of her grandfather's Quran—is publicly calling for protection of a Somali company—Hormuud Telecom—that actively funds Al Shabaab in Somalia, an offshoot of Al Qaeda, Omar's updated version of "some people did something" in reference to…

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