MOGADISHU, Somalia – Somalia’s parliament deputy chairman, Mohamed Mursal has disbanded country’s Parliamentary oversight committee on finance, according to a statement seen by Mareeg Online
In an online statement said, a new committee on finance will be formed soon.
The move comes after the Committee has recently published a report alleging misappropriation of finances by the Ministry of Finance and Mogadishu administration.
The Parliamentary committee on finance reported missing of $20 million dollars from 2018 budget and accused Somali Minister of Finance, Abdurahman Du’alle Beileh of missing public funds.
An investigation by the committee on government revenues collected since January 2018 to August revealed alleged corruption of the government led by President Mohammad Abdullah Mohamed.
According to the investigation, the Somali government has canceled the $ 1.5 million emergency fund for foreign travel, travel allowances, events, repayment of individual debts and renovations of hotel and hotel bills.
Not only was the corruption of the emergency fund threatening the lives of the Somalis undermined by the government’s breach of donor funds from its brothers and friends, as well as the disappearance of $ 20 million donated by Saudi Arabia to the government Somali in 2017, but did not appear in the financial budgets for 2017- 2018.
The Committee also accused the misuse of public funds in the administration of the province of Banadir, which raised $ 16.5 million in its account for missing funds of $ 5.972 million withdrawn for personal use.