Somaliland’s Central Bank has announced that it is taking legal action against the owner of WorldRemit, Ismail Ahmed. A statement from the Central Bank of Somaliland has indicated that legal …
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World remit
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NewsSomaliland
World Remit boss accuses Somaliland Central Bank of printing new shillings to devalue currency
by SL Reporterby SL ReporterThe founder and chairman of World Remit, Ismail Ahmed, has accused the Central Bank of Somaliland of printing new Somaliland shillings and releasing electronic money into the market, which has …
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Thirty years ago, Ismail Ahmed snuck from then war-ravaged Somaliland into neighbouring Djibouti, hidden on the back of a tipper truck. His brother, who was working in Saudi Arabia, sent …