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Somalia’s Auditor General accuses Turkish firms of evading financial accountability
MOGADISHU (HOL) – Somalia’s auditor general accused two Turkish firms running Mogadishu’s airport and seaport’s operations of resisting financial accountability, preventing his office from executing an audit into the country’s 2015 revenue.
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Somalia has awarded millions of dollars contracts to the two Turkish firms last year to upgrade and run the Mogadishu seaport and airport’s operations.
Speaking at the parliament’s headquarters on Tuesday, Nur Farah accused the two companies Favori and Albeyrak of resisting an audit and accountability attempt by his office in a bid to ‘obscure’ the ‘actual’ proceeds from the airport and the seaport, the largest revenue source for the Somali government for the past two months.
“There’s no way we can close the annual fiscal book as long as these foreign firms that took over the airport and seaport’s operations are evading the accountability.” Mr. Farah told Somali legislators.
He however urged Somalia’s leaders to step into the matter before January next year, a month the government would have to submit its annual 2016 budget.
No comment could be reached from the two firms on the allegations.
Albayrak, the Turkish firm which runs Mogadishu seaport’s operation has transferred a one month revenue of $1.582, 000 million dollars to Somalia’s central bank in November last year, a significant revenue from the port which rarely reported ‘smaller’ returns before the foreign firm took over its operations.
Somalia’s government largely relies on foreign aid and donors’ funding to rebuild state institutions in the horn of Africa nation which is recovering from decades of war since the ouster of Islamist insurgents from the capital and surrounding regions in 2011.
Weren't the hutu nation so proud of their new masters, why are they crying now. Typical hutu baboons
MOGADISHU (HOL) – Somalia’s auditor general accused two Turkish firms running Mogadishu’s airport and seaport’s operations of resisting financial accountability, preventing his office from executing an audit into the country’s 2015 revenue.
advertisements
Somalia has awarded millions of dollars contracts to the two Turkish firms last year to upgrade and run the Mogadishu seaport and airport’s operations.
Speaking at the parliament’s headquarters on Tuesday, Nur Farah accused the two companies Favori and Albeyrak of resisting an audit and accountability attempt by his office in a bid to ‘obscure’ the ‘actual’ proceeds from the airport and the seaport, the largest revenue source for the Somali government for the past two months.
“There’s no way we can close the annual fiscal book as long as these foreign firms that took over the airport and seaport’s operations are evading the accountability.” Mr. Farah told Somali legislators.
He however urged Somalia’s leaders to step into the matter before January next year, a month the government would have to submit its annual 2016 budget.
No comment could be reached from the two firms on the allegations.
Albayrak, the Turkish firm which runs Mogadishu seaport’s operation has transferred a one month revenue of $1.582, 000 million dollars to Somalia’s central bank in November last year, a significant revenue from the port which rarely reported ‘smaller’ returns before the foreign firm took over its operations.
Somalia’s government largely relies on foreign aid and donors’ funding to rebuild state institutions in the horn of Africa nation which is recovering from decades of war since the ouster of Islamist insurgents from the capital and surrounding regions in 2011.
Weren't the hutu nation so proud of their new masters, why are they crying now. Typical hutu baboons
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