Day: August 24, 2019

CREDIBLE FINANCIAL INSTITUTIONS BREATH AUDIT

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August 24, 2019

No audit, no business and no survival for financial institutions, whether they are banks, ministries of finance or any other public and private entities handling public money and wealth.

Governments dealing with foreign financial institutions on regular basis must produce audited documents to be trustworthy. Failure to honor this financial rule is to prepare for closure of the business, and that too requires audited financial statements for those who lost money, including tax-payers.

Without sound and certified financial audit and system of paper trail, there is nothing one can do to assist Puntland rudimentary financial institutions attached to the Ministry of Finance. Deni Administration must act fast to show transparency in that regard before it becomes too late to rectify the situation of Puntland financial institutions. Auditor-General and Accountant- General must be empowered and set independent. No credible audit, no financial credibility and no business.

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Home Remedies for Tuberculosis

Take a read.

https://wp.me/p6hql3-DL

PUNTLAND DEPUTY-MINISTER IS AS CONFUSED AS VICE-PRESIDENT

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https://ismailwarsame.blog/2019/08/24/breaking-news-19/

FROM BRITISH ARCHIVES

https://ismailwarsame.blog/2019/08/24/from-british-archives/

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Do you agree with their characterization of Somalis?

Watch “President Obama FIRE BACK on Trump, GOP in Full Speech From Illinois” on YouTube

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JUBALANDERS ARE THE VICTIMS OF SHAM ELECTIONS

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August 24, 2019

We have read the Kenyan congratulatory note on Jubaland sham elections 2019. We watched the videos of celebrating Kenyans in Eastleigh of Nairobi on the same. However, we have yet to see jubalanders welcoming the various self-elections of several power-hungry and mediocre politicians of dubious backgrounds and characters.

The tension and anxiety are increasingly high in Jubaland. There is also a triangle of three government rivalry in Jubaland: Somalia, Kenya and Ethiopia. Soon, Eritrea will join the fray. UAE and Qatar are in stiff competition to prop up their ever-willing and highly paid proxies in Somalia. Somali foreign partners are still recovering from their shell-shock condition, following the latest developments in Jubaland, and increasingly daring terrorist bomb-blasts in Mogadishu on weekly basis, causing the elimination recently of the City Mayor, Abdirahman Yarisow.

In the light of the above developments, the N&N leaders are putting more fuel to the fire on Jubaland political conundrum, which they had created in the first place, after they had messed up things in Galmudugh, Southwest State and Hirshabelle.

Handing Banadir Administration over to warlord Omar Finish, and reshuffling and replacing seasoned officers of the security sector is an indication of wrong-headed N&N strategy to command junior officers to engage in hostile military operation against Jubaland in gross violation of the laws of the land.

Both the Governments of Kenya and Ethiopia are ill-advised to interfere in the internal affairs of Somalia. Their meddling will definitely do a tremendous damage to their long-term relationships with the people of Somalia. They are better advised to exercise restraint in getting into Jubaland internal quagmire.

All should know that the N&N leaders are solely responsible for the turn of events in Jubaland and other Federal Member States. Somalia is at risking of unraveling the modest gains of the past decade. There is an urgent need for fresh thinking to freeze at least the down-turn spiraling of events.

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(Photo: Seraar and Xidig)