Will frozen central bank assets in US lead to further investigations?
As a US court investigates an attorney accused of plotting to divert assets placed in a New York bank by the Central Bank of Somalia at the onset of the 1991 civil war, other countries that also received Somali funds for safekeeping might be led to investigate as well. [...]
Decade-old fraud affair threatens to derail ex-president Hassan Sheikh's political comeback
The American lawyer Jeremy Schulman stands accused by the US Department of Justice of having personally benefited from a move to recover Somalian state assets a decade ago. The affair could compromise the reputation of the then government and its leader, the ex-president Hassan Sheikh, who is bidding to return to power next February. [...]
Turkish influence comes under fire in presidential campaign
Businessman Abshir Aden Ferro, who plans to run in the February presidential election, has given his campaign a markedly anti-Turkish flavour. In the meantime, Turkey is giving firm support to the incumbent president Mohamed Abdullahi Mohamed Farmajo. [...]
The crucial role of the Afars in peace in the Horn
Ethiopia's race towards the Red Sea is under way, but the landlocked country can only access the ports via Afar territories. The Afars therefore find themselves at the centre of negotiations between Eritrea (with which Addis Ababa has established closer [. [...]