Thursday, July 26, 2012

Somali Government Missing Millions

Abdirazak Fartaag, head of Somalia's Public Finance Unit in Prime Minister Omar Abdirashid Sharmarke's office from May 2009 to September 2010 and Prime Minister Mohamed Abdullahi Farmaajo's office from December 2010 to May 2011, claimed that various Somali administrations misappropriated and mismanaged millions of dollars in donor assistance and domestic revenue by under reporting the amounts received and by utilizing funds on personal and other non-government expenses.

When asked why he decided to release his audit report now, he responded: "I am trying to show through my audit that every single government that Somalia has had since 2000 has consistently mismanaged public funds."

Click here to read the entire article in Pambazuka News.

1 comment:

  1. I can't imagine. With the country like Somalia, they can't afford to lose millions. I mean they need it, the people need it to survive and yet how could they mismanage it? Couldn't wait to tell my friend tim jones in Spokane about this.