Report shows Somali money transfer firms moving cash for likely arms traffickers
The Global Initiative Against Transnational Organised Crime says the matter could complicate Somali transfer companies from accessing international banking services
17 September 2020 - 16:29
Nairobi — Somali money transfer companies have moved more than $3.7m in cash between suspected weapons traffickers in recent years, including to a Yemeni under US sanctions for alleged militant links, according to a report seen by Reuters.
The findings by Geneva-based research group, the Global Initiative Against Transnational Organised Crime, could further complicate attempts by Somali transfer companies to retain access to international banking services...
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