In Somalia, the central bank money is not used to run government agencies in the war-torn Horn of African country, an average of 80% for the private purposes of withdrawals, according to Reuters Monday saw a UN report.
Confidential Somalia and Eritrea, the UN Security Council Sanctions Committee Group of Experts report accuses national institutions in order to prevent the creation of a patronage system - later transferred to the Ministry of Finance stationery color dubbed "khaki envelope" approach -.
"In this context, the PricewaterhouseCoopers PricewaterhouseCoopers fiduciary management agencies reduce transfer agent, once they reach the Somali government can not ensure accountability for the funds," the report said.
"In fact, $ 16.9 million from PwC Road for the central bank $ 12 million can not be tracked," it said. "The key to these violations has been the current central bank governor, Abdusalam Omar."
PricewaterhouseCoopers PricewaterhouseCoopers, Omar and the United Nations mission in Somalia did not immediately respond to requests for comment.
Omar, aged 59, is a dual national who Somalia and the United States left Somalia in 16 years, and in the January return economy shattered and broken financial system in a country to become governor of the central bank.
Overthrew a dictator in 1991 plummeted to two decades of upheaval, the first tribal warlords in Somalia, Islamist militants, they continue military offensive from the African Union, under pressure from the ground lost since 2011.
, Almost lawless Somalia, can not assert authority, until a pro-Western government was elected last year.
UN report says that all decisions are made by the bank Omar, because no board members and banks do not as a government agency, decision-making or completeness of the institutions and parliamentary oversight.
"On average, 80% of some of the central bank withdrawals are for private purposes, rather than the government running, the equivalent of a patronage system and a set of social relations institutionalized state, ignoring," it said.
Experts say the Somali Finance Minister Mahmoud Hassan, Suleiman has tried to reduce patronage system size, but "it is not so common a fundamental restructuring of the system is beyond his control."
CENTRAL BANK "slush fund"
Under the sponsorship of a person can ask a private payment "for personal or other reasons can not resist the Somali leaders, the UN report says." One senior politician a piece of paper, authorize the payment, which is the Ministry of finance ministers or central Direct Bank honored signs, the report said.
"This practice is also known as 'khaki envelope' program conducted by the Ministry of Finance to see the color of the envelope," it said. "In Somalia, the banks, including central banks, can not let the internal or external electronic transfers, all transactions are paid in cash."
The report found that in September, the President Hassan Sheikh Mahmud new government came to power, between April and almost three-quarters of the central bank withdrawals individuals.
"Such statistics show, CBS's" slush fund "(patronage) system, rather than as a financing mechanism for the effective functioning of government spending," the UN expert said.
The report also pointed out that Mahmoud government "is not necessarily continuous mode itself is understandable corruption, but it can be in the past or present corruption responsible for the appointment of the individuals involved."
According to central bank accounts, a cashier Ministry of Finance, Ahir Axmed Jumcaale, responsible for the largest amount of funds recovered.
The report said that in 2010 and 2013 between, Jumcaale withdrew his name $ 20.5 million, which was paid for the individual under the auspices of the financial system through the successive ministers or finance officer.
Named Colonel Abdiqaadir Moalin Nao individual units out of 47,000 between 2010 and 2013, the second largest amount, according to the report, the report says, there is no explanation of his withdrawal.
International Monetary Fund (IMF) official recognition of the Somali government in April, ending a 22-year hiatus, and last week to provide technical support and advice, and strive to win debt relief for the country's first step.
Also last month, the Somali central bank announced its first annual report, the outbreak of civil war in 1991, the total debt of $ 3.2 billion. To win debt relief to poor countries to develop a financial management plan.
 



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