No more sending money to Somalia

[mcali]

Are they serious
http://boramanews.com/index.php?option= ... Itemid=117

[Lamagoodle]

I think it is connected to this story.

http://hiiraan.com/news2/2011/Dec/somal ... sfers.aspx


Don't worry somalis being very innovative will come up with solutions.

[ToughGong]

Gaalos are dumb,like that's gonna stop Somalis sending money back home

[greenday]

Are they going to feed the people? I dont think they have a case to close them.

[Lamagoodle]

Seemeyer
I think you are wrong; it is us somalis who need to clean houses; we should follow the laws and regulations and be transparent when we are conducting a business endeavour. The Hawalas are not that transparent; those who use it are good hardworking people while the owners are not.

[mcali]

I hope they don't close them or we find another way or my relatives and the rest of the Somali people are screwed. Could western union send to like major cities.

[ToughGong]

Seemeyer
I think you are wrong; it is us somalis who need to clean houses; we should follow the laws and regulations and be transparent when we are conducting a business endeavour. The Hawalas are not that transparent; those who use it are good hardworking people while the owners are not.

Lams 99.9% of the Xawalad money that's sent back home goes to the families of the diaspora
Waxaa kale mugdiga galaayaa is not nothing to write home about
This is just American politicians speaking to their domestic audience
Maybe there's an election coming up[

[Lamagoodle]

It will be certainly a big blow. I remember what happened when Al-Barakat was freezed. But, I think regulations are needed. We somalis need to grow and realise that you cannot engage in a money transfer business and not be transparent.

Seeyemer, of course there is a political dimension. True, most of the money sent through Hawalas go to needy people. It comes also from hardworking somalis. But, the hawalas should follow the laws of the countries they function from and be transparent.

[Shift]

Seemeyer
I think you are wrong; it is us somalis who need to clean houses; we should follow the laws and regulations and be transparent when we are conducting a business endeavour. The Hawalas are not that transparent; those who use it are good hardworking people while the owners are not.

Define "good".

[Lamagoodle]

Seemeyer
I think you are wrong; it is us somalis who need to clean houses; we should follow the laws and regulations and be transparent when we are conducting a business endeavour. The Hawalas are not that transparent; those who use it are good hardworking people while the owners are not.

Define "good".

Shift lol.

Ok, I retract and change the sentence into " those who it are generally hardworking". Seriously, we the users are not crooks who acquired the money we are sending through wrongful means. But, the Hawalas are generally run by people who are not transparent and don't keep books.

[ToughGong]

How much more transparrent does it need to get sxb.They already complied with what regulations that were set after 911
If you read the article it says

American banks do not want to be in the position of inadvertently helping to fund terrorism

This goes to show that these Xawaalds already have bank accounts with "reputable" banks
And that they have complied with whatever was required of them
Now these gaalos want to move the goal posts agian
Maxaa kalee hadhey "put a hiiden camera on the actual money"

[Lamagoodle]

Seeyemer,
I don't know about the USA but in Europe, the xawaala agents are individuals - many of them unemployed- and they don't pay taxes, employ people or have an office (some of them use so called a room in the Jaaliya buildings). Their current accounts have transactions. It does not care an Einstein to see that there is something fishy.

Dahabshil and only one other Xawaalah passed a litmus test done by the financial authorities of northern europe.

[ToughGong]

Annu I was talking about the established Xawalads dee
Never come across those others you mentioned.Except maybe in the early days the Xawaladah
When they first became prominent in the 90s

[Shift]

Lamagoodle,thank you awoow.But so far I have yet to come across an owner who ronged me or the millions who use xawaaladaha,gaalka kolkuu caroodo ana inaan la caroodo waxaan u arkaa damiir la'aan iyo dayussnimo.Pardon my french awoow.

[Lamagoodle]

Lamagoodle,thank you awoow.But so far I have yet to come across an owner who ronged me or the millions who use xawaaladaha,gaalka kolkuu caroodo ana inaan la caroodo waxaan u arkaa damiir la'aan iyo dayussnimo.Pardon my french awoow.

Nacam, aduunka waxaa ugu daran nacas caroodo.

Saaxib, it is a simple equation; if one is engaged in financial transactions then register it and be clean.