Sign in to follow this  
wakandan

UN: Puntland is so broke, its paying its soldiers in counterfeit shillings

Recommended Posts

wakandan   

 

Puntland is paying its soldiers in fake shillings and losing the loyalty of its army as a result....they won't have any chance with Somaliland if they can't even pay salaries:

" Counterfeit currency printed in the State Bank of Puntland without any regulation or approval from the Central Bank of Somalia had caused inflation and civil unrest on multiple occasions... On 6 February, Puntland Presidential Guards protested over unpaid salaries in Garowe. The cashier assigned to process the guards’ salaries was abducted, but he was released later the same day. Another protest was held in Garowe on 26 February by the Darawish (Puntland regular forces). The protests ceased on 27 January at the same time as significant quantities of counterfeit Somali shillings appeared to the money exchange market in Garowe, strongly indicating that the Puntland forces had been paid in freshly printed money. Open source and confidential security reports from April and May 2017."


 

http://daccess-ods.un.org/access.nsf/GetFile?OpenAgent&DS=S/2017/924&Lang=E&Type=DOC

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Restore formatting

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this