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Telesom Dahabshiil
Published On: Fri, Sep 18th, 2020

Following the money: The use of the hawala remittance system in the Yemen–Somalia arms trade

Araweelo News Network

FOLLOWING THE MONEY

 

The ubiquity of small arms and light weapons (SALW) in Yemen, as well as centuries-old cultural and commercial ties with Somalia, has made Yemen the primary source for illicit arms among Somali importers. Consignments of small arms and ammunition from Yemen cross the Gulf of Aden in a matter of hours to the northern coast of Puntland, a semi-autonomous region in northern Somalia.

READ MORE: Djibouti: Visit of the President of Puntland State of Somalia and Secret Issues

The port city of Bosaso, Puntland’s largest city and commercial capital, is the financial epicentre of the illicit trade. Arms from Yemen fuel the ongoing civil conflict in Somalia, and many are believed to be transported on throughout the broader East Africa region.

READ MORE: Djibouti’s sovereign fund will be used to launder money from arms trafficking, drugs and terrorism

A semi-informal system of international money transfer – commonly referred to as ‘hawala’– underpins the financing of the arms trade.

READ MORE: Djibouti arms trade: Africa Sun cargo ship refuses to search at Bossaso port

This study focuses on the use of four Somali hawala money-transfer operators (MTOs) by six prominent arms dealers (or financial proxies) based in Yemen and Somalia. GI-TOC analyzed data from hundreds of remittance transactions involving these individuals, dating between 2014 and 2020.

Read the full  report below, or download a copy  PDF here:

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About the Author

- Arraale Mohamoud Jaama Freelance Journalist and Human Rights Activist Arraale, is a 20 year experience as a professional Journalist and human rights activist Over the years, worked for the major News Papers in Somaliland as a reporter, editor and contributor. 2008 established website Araweelo News Network, he currently runs a web site based in Somaliland. who is the specializes in the investigation and reporting on issues relating to human rights, democracy, and good governance. contact: Info@araweelonews.com jaamac132@gmail.com Send an SMS or MMS to + 252 63 442 5380 WhatsApp + 252 65 910 7347.

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Araweelo is an Associated Network News, The most trusted source for news & Political,investigator report,Human Rights Issues,Educations,Social and Democracy ,Latest News Horn of Africa. runs Arraale Mohamoud Jama Freelance Journalist and Human Rights Activist based in Somaliland.

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