Somalia government has decided to block all Alshabab’s financial bank accounts in Somalia, both through remittance companies and national banks. According to the ministry of information.
Deputy Minister of Information, Abdirahman Yusuf Al-Addala, said in a press conference in Mogadishu that the federal government received over ten thousand tips from people regarding money transfers to al-Shabaab.
The government said It is part of their decision to suffocate the organization’s financial resources. However, the government did not say which financial institutions the militants used to process their transactions but noted that the accounts contained a large amount of money.
They also said many prominent business community members had followed the government’s directions and stopped paying extortion fees to the group.
