Somalia: Central bank governor resigns


Issue 265 - 08 Nov 2013 | 1 minute read

Central bank governor Yussur Abrar, the first woman to occupy the post, has resigned after only seven weeks in the job, citing corruption concerns. In a letter to Somali President Hassan Sheikh Mohamud, widely reported in the media, she said that, from the moment she was appointed, she had “continuously been asked to sanction deals and violate my fiduciary responsibility to the Somali people as head of the nation’s monetary authority”. She said the deals “put… frozen assets at risk and open the door to corruption”.

Tagged with:

Pin Strategy & risk

Pin Somalia

Want to read more?

Subscribe to African Energy

View subscription options

Don't have an account?

Register for access to our free content

An account also allows you to view selected free articles, set up news alerts, search our African Energy Live Data power projects database and view project locations on our interactive map

Register