its clear that under the Farmaajo goverment, they have gotten stronger and stronger.
Case studies into Al-Shabaab’s domestic financing revealed that the militant group generates more than enough revenue to sustain its insurgency. Al-Shabaab continues to function as a shadow government in areas it no longer directly controls, employing a centralized taxation system applied consistently across southern and central Somalia. At one checkpoint in Bay region alone, the Monitoring Group estimates that Al-Shabaab generates approximately $10 million per year by taxing transiting vehicles and goods. Al-Shabaab’s financial operations, including the collecting of revenue and payment of its members, are facilitated by the services provided by poorly regulated domestic telecommunications and financial entities
The Monitoring Group’s investigations indicate that Al-Shabaab remains in a strong financial position despite ramped-up aerial strikes targeting the group. Indeed, Al-Shabaab is likely generating a significant budgetary surplus; money is not a limiting factor in its ability to wage its insurgency. How Al-Shabaab channels excess revenue remains under investigation by the Monitoring Group. The Monitoring Group’s investigations indicate that Al-Shabaab remains in a strong financial position despite ramped-up aerial strikes targeting the group. Indeed, Al-Shabaab is likely generating a significant budgetary surplus; money is not a limiting factor in its ability to wage its insurgency. How Al-Shabaab channels excess revenue remains under investigation by the Monitoring Group
The ledgers display a sophisticated accounting system whereby Al-Shabaab collects revenues and conducts internal transfers using cash (both United States dollars and Somali shillings), mobile money, hawala money transfer and possibly bank accounts. The EVC Plus mobile money service of Hormuud Telecom Somalia Inc. supports the efficient functioning of Al-Shabaab’s financial system, allowing the group to transfer a significant percentage of its funds to its financial hub in Middle Juba region without the need to physically transport the entire amount in cash across hostile territory.
189. Hormuud Telecom Somalia Inc. also declined to provide assistance to the Monitoring Group regarding multiple investigations into Al-Shabaab, which uses the company’s affiliated services to facilitate its operations in Somalia.
The problem is becoming worse and worse. They are raising about $15 million a year from just 2 checkpoints, Jameeco in Bay and Beledweyne in Hiiraan. It is being facilitated by Hormuud's EVC mobile money service:
Fiasco!
Most seem to be from SWS.shababka are desperate they even recruit child soldiers. Mosty from JL area..
How can I forget the beesha that pledged allegiance to themYou don't have permission to view the spoiler content. Log in or register now.
@embarassing
:siilaanyolaugh: