Home > SOM > Somalia’s new currency banned and set on fire in Puntland

Somalia’s new currency banned and set on fire in Puntland

September 6, 2010

[Blogmaster note:  Al Shabaab mujahideen have called for the rejection of the TFG’s new currency nationwide. Puntland’s compliance with this directive may be an attempt (in part) to avoid irritating al-Shabaab.]

The following article is reprinted with permission from Mareeg Online.

TFG’s newly printed currency banned in Puntland
©  Mareeg Online
September 6, 2010

MOGADISHU – The authorities of Puntland administration have Monday banned the use of the newly printed currency for the Transitional Federal Government of Somalia (TFG), the information minister says.

The information minister of Puntland, Abdihakin Ahmed Guled, had said that they burnt 10 million Somali Shillings in there on Sunday adding that it might effect the whole administration and people of the region.

The minister said that they would take a drastic step to anyone seen with the money or hiding it in parts of the region – a warning to the businessmen of Puntland administration not to use the Somali government money.

The statement of the minister of information of Puntland administration comes as 10 million Somali shilling was burnt in Puntland yesterday.


Share:        Delicious  

Categories: SOM