Any deposit to Somali Central Bank must be transported physically since it has no transaction facilities, including operational SWIFT CODE. It is still a store. We doubt very much that Coastline Exploration has produced $7 million cold cash and deposited into that store.
COASTLINE EXPLORATION (SOMA OIL) AND SOMALI GOVERNMENT COULDN’T SHAKE OFF SUSPECTED ILLEGALITIES AND CORRUPTION
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About the blogger: This blog is associated with the former Chief of Staff in Puntland State Presidency, 1998-2004. He also worked with the UN and World Bank Joint Secretariat for Somalia’s Re-construction and Development Program (RDP), 2005-2006, as a Zonal Technical Coordinator for Puntland and later as National Aid Technical Coordinator with the Transitional Federal Government of Somalia and European Union. He is now an independent political analyst and commentator on current issues and occasionally gives historical perspective on modern Somalia’s politics. He lives and works in Toronto, Canada. He can be reached at: firstname.lastname@example.org View all posts by warsame digital media