Home | News    Sunday 7 May 2017

Sudanese experts warn against use of mobile phones money transfer in terrorism financing

separation
increase
decrease
separation
separation

Sudanese experts warn against use of mobile phones money transfer in terrorism financing - (Reuters/Robert Galbraith Photo)
May 6, 2017 (KHARTOUM) - Several Sudanese bankers Saturday have warned against the use of credit transfer via mobile phone in terrorism financing in light of the lack of control over the volume of funds transferred through the service.

Large segments of the Sudanese society send money through the credit transfer service provided by the three nationwide mobile operators.

Speaking at a press forum in Khartoum Saturday, executive director of the Banking Services Company Omer Hassan al-Omerabi said the lack of control over the credit transfer via mobile phone could be exploited by some parties in terrorism financing”.

He said that 85% of the Sudanese use the credit transfer through mobile phones, pointing that Sudan ranks second in the world after Kenya in the use of this method according to a study conducted by the World Bank in 2014.

Al-Omerabi added that the Central Bank of Sudan (CBoS) has no control over the service, stressing the method poses a real danger as it is not subjected to any control by government organs.

For his part, the CBoS representative Zahir Fageery disclosed that a joint committee from the National Telecommunications Corporation (NTC) and the CBoS has been formed to investigate the issue, saying its first decision would be to set limits for the money amounts that can be transferred.

He said that starting from next month each customer will be allowed to transfer only 500 Sudanese pounds (SDG) daily.

Meanwhile, the Secretary General of the Consumer Protection Association (CPA) Yassir Merghani criticised the delay in introducing the CBoS’s controlled money transfer service, holding the mobile operators responsible for the delay.

“If there is suspicion of corruption, money laundering and terrorism financing, the service must be stopped immediately,” he said.

Sudanese parliament adopted in June 2014 a law to combat money laundering and terrorism financing that contained articles related to consolidating investigations and financial intelligence which is the enforcement mechanism that receives notifications and information from financial institutions and other parties.

Sudan was placed on the U.S. terrorism list in 1993 over allegations it was harbouring Islamist militants working against regional and international targets.

(ST)

Comments on the Sudan Tribune website must abide by the following rules. Contravention of these rules will lead to the user losing their Sudan Tribune account with immediate effect.

- No inciting violence
- No inappropriate or offensive language
- No racism, tribalism or sectarianism
- No inappropriate or derogatory remarks
- No deviation from the topic of the article
- No advertising, spamming or links
- No incomprehensible comments

Due to the unprecedented amount of racist and offensive language on the site, Sudan Tribune tries to vet all comments on the site.

There is now also a limit of 400 words per comment. If you want to express yourself in more detail than this allows, please e-mail your comment as an article to comment@sudantribune.com

Kind regards,

The Sudan Tribune editorial team.

Comment on this article



The following ads are provided by Google. SudanTribune has no authority on it.


s
Sudan Tribune

Promote your Page too

Latest Comments & Analysis


Darfur genocide goes Exodus. What a determination and what a lesson! 2017-07-26 00:51:05 By TRAYO A. Ali NOT AN ISOLATED CASE. IT’S PART OF WIDER STORY A manifestation of more than one decade of racially segregated conflict and a three-month escalation in tensions reached a boiling (...)

Cholera in Sudan: Open letter to WHO Director 2017-07-25 00:15:38 An Open Letter to Dr. Tedros Adhanom Ghebreyesus, Director General of the UN’s World Health Organization United Nations Office at Geneva | Palais des Nations, 1211 | Genève, Switzerland Dr. (...)

Mobil roundabout’s another victim after CE & Juba market 2017-07-23 23:32:28 By Deng Kiir Akok I was a bit late to arrive at London Cafeteria in Atlabara, Tumbura road where a friend of mine invited me for lunch last Thursday, Jul 20, 2017. On my way to the cafeteria, I (...)


MORE






Latest Press Releases


HRW denounces "collective punishment" in South Sudan’s Wau 2017-04-15 07:06:48 Human Right Watch South Sudan: New Spate of Ethnic Killings Urgent Need for Justice; UN Should Increase Patrols in Wau (Nairobi, April 14, 2017) – Government soldiers and allied militias (...)

Statement by South Sudanese Communist Party on the National Dialoguel 2017-03-22 05:44:42 The Communist Party of South Sudan On the Initiative of the National Dialogue The initiative taken by the President of the Republic of South Sudan declaring a need for a national dialogue is an (...)

An Appeal to President of the Republic of South Sudan 2017-03-15 07:22:45 Dear. Mr. President, I write to appeal to you for the release of political detainees now in the custody of the National Security Service at Jebel and other detention facilities. In doing this, I (...)


MORE

Copyright © 2003-2017 SudanTribune - All rights reserved.