ila Qosol: Federal Government Makes Funniest Move Ever!!!!

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oxymoron
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ila Qosol: Federal Government Makes Funniest Move Ever!!!!

Post by oxymoron »

ila Qosol: "Somalia's government says "investigators it hired" have cleared it of allegations of massive corruption" :lol: :lol:

What a munch of mentally deficient people in this dawlad. Every step they take is counterproductive. :|

What these idiots just did is equal to me hiring a personal judge, who clears me of crimes I have been accused off by an independent well respected International Judge. :lol: And Than Going Public With It.
:lol:

Somalia audit faults UN corruption claims against government

Friday, September 06, 2013
Idiots

MOGADISHU, Somalia – Somalia's government says investigators it hired have cleared it of allegations of massive corruption in a report by United Nations experts monitoring sanctions on Somalia and Eritrea
Fowziya Yusuf Haji Adam, Somalia's foreign minister, said forensic accountants from FTI Consulting, Inc. and a legal team from the United States firm Shulman, Rogers, Gandal, Pordy & Ecker, PA concluded that the allegations in sections of the U.N. report are factually incorrect.

The U.N. report by experts monitoring the sanctions against Somalia and Eritrea said that 80 percent of withdrawals from Somalia's Central Bank are made for private purposes, indicating it is operating as a patronage system for members of government.

The U.N. report said progress in Somalia is held back by corruption, which is "embedded in all layers of society."

The full report can be found the link below

https://podestagroup.app.box.com/s/th0vq7wudzscroq7l8dn

http://www.hiiraan.com/news4/2013/Sept/ ... nment.aspx
Last edited by oxymoron on Sat Sep 07, 2013 6:45 am, edited 3 times in total.
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Re: ila Qosol: Federal Government Makes Funniest Move Ever!!

Post by Insomniac »

WHY YOU DO THIS?
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Re: ila Qosol: Federal Government Makes Funniest Move Ever!!

Post by oxymoron »

Insomniac wrote:WHY YOU DO THIS?
To Further Clarify The Doqonimo Leadership That Has Taken Our Federal Government Hostage.

I am beyond shamed and Humiliated, to see how the poor nomads money is being spent.

Half a Million dollars was used to hire these private investigators, a very damaging counterproductive move.
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Re: ila Qosol: Federal Government Makes Funniest Move Ever!!

Post by Grant »

The UN Monitoring Group reports have never been reliable.

Remember this?

http://thinkafricapress.com/somalia/un- ... d-politics

"In its 2006 report, for example, the monitoring group made two rather odd claims which were seemingly designed to pave the way for Ethiopia’s invasion and occupation of Somalia. They claimed that al-Shabaab, the Sunni militant group, had exported 720 of its fighters to help Hezbollah, the Lebanese Shia nationalists, in its fight against Israel. They also claimed that Iranian scientists were mining uranium for their nuclear programme in Dhusamareeb. These claims were used to justify the funding of Ethiopia’s military project in Somalia."

It's the Monitoring Group that's the joke.
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Re: ila Qosol: Federal Government Makes Funniest Move Ever!!

Post by Insomniac »

Grant. You are conversing with the village retard.
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Re: ila Qosol: Federal Government Makes Funniest Move Ever!!

Post by oxymoron »

Grant wrote:The UN Monitoring Group reports have never been reliable.

Remember this?

http://thinkafricapress.com/somalia/un- ... d-politics

"In its 2006 report, for example, the monitoring group made two rather odd claims which were seemingly designed to pave the way for Ethiopia’s invasion and occupation of Somalia. They claimed that al-Shabaab, the Sunni militant group, had exported 720 of its fighters to help Hezbollah, the Lebanese Shia nationalists, in its fight against Israel. They also claimed that Iranian scientists were mining uranium for their nuclear programme in Dhusamareeb. These claims were used to justify the funding of Ethiopia’s military project in Somalia."

It's the Monitoring Group that's the joke.

So if the UN Monitoring Group reports have "Never been reliable" as you put it, why did the Federal Government go out of it's way to hire it's own consultants to rebuttal them?
Further more to aid the UN reports findings, the Somali Federal Government not only hired any consultants, but rather one with prior vested financial interest destined to
clear them of any allegations of massive corruption. Way To Go Indeed.


September 6, 2013 7:36 am

Somalia moves to discredit UN report over funding fears
By Katrina Manson in Nairobi

Somalia has hired British and US consultants to discredit a UN report that claims rampant corruption in Mogadishu because it threatens to imperil donor funding and the return of foreign-held assets, including gold, totalling billions of dollars.

The report, commissioned by Somalia’s president and seen by the Financial Times ahead of its release, accusesUN investigators of being “factually inaccurate and inexplicably biased” and rejects claims that the central bank doubles as a corrupt slush fund and that $12m transferred to the bank by accountancy firm PwC “could not be traced”.

“We are not claiming that this is a perfect government after 22 years of statelessness, mistakes can happen [but]we want to show the world we are not hiding anything – we have zero tolerance of corruption and the top priorityof this government is reform of financial institutions,” President Hassan Sheikh Mohamud told the FT ahead of the report’s release.

Years of corruption and financial mismanagement in Mogadishu, which has yet to recover from decades of instability and still faces terrorist attacks, have left donors worried that aid is regularly diverted, but many hoped they could work with a promising new government formed in Mogadishu last year.

But Mogadishu officials are concerned the UN report will undermine Somalia’s appeal to donors ahead of an aid conference this month. “Despite the change in leadership in Mogadishu, the misappropriation of public resources continues in line with past practices,” said the report from the UN panel of experts, published earlier this year.

Mr Mohamud, who survived an assassination attempt this week, said he wants to assure donors that Somalia has a “very transparent and accountable government” and said he is expecting pledges of “more than $1bn, more than $2bn even” at an EU-sponsored development conference in Brussels at the end of September.

Jarat Chopra, co-ordinator of the UN report, said he and his team of seven experts stand by their findings. He has not seen the government’s rebuttal but said the two companies that prepared it may have “ulterior motives and vested financial interests” because they are also involved in other commercial projects in Somalia whose contracts have not been published.

“It would be a basic conflict of interest for a firm to be secretly under contract pursuing Somalia’s overseas assets while pronouncing conclusions on the transparency, accountability and effectiveness of public financial management,” said Mr Chopra.

Pre**it Dass of FTI Consulting worked as the forensic accountant on the rebuttal. FTI, whose Africa department is headed by Lord Mark Malloch-Brown, a former UK cabinet minister, also promoted an unpublished oil exploration deal between Mogadishu and Soma, a new UK company headed by former Tory leader Michael Howard, which was criticised for its lack of transparency.

FTI said it believes the Soma oil deal is transparent.

US law firm Shulman Rogers, the other firm that prepared the rebuttal, is also mandated by Mogadishu to recover Somali assets held overseas that have been rendered inaccessible since civil war began 22 years ago. Diplomats say millions of dollars in cash is thought to be held in private bank accounts in Dubai, Italy, Kenya, Switzerland and the US.

“Every other month we’re getting new information on bank accounts in all corners [of the world] – we want to recover that money,” said Mr Mohamud.

In 2009 Shulman Rogers signed an asset recovery deal with the previous transitional government for fees of $50,000 a month and 3.5 per cent of any assets recovered, but the company said the government did not pay in full. Jeremy Schulman, of Shulman Rogers, this year negotiated a new contract with the Mogadishu government that has not been published but is, he said, “significantly discounted from [the 2009] arrangement”.


“We are trying to help them recover Somalia’s state assets and their gold so they can use that as the foundation for printing new currency,” said Mr Schulman, who denied any conflict of interest, saying Mr Chopra had made “unfounded allegations”.

Although the World Bank has a programme that tracks and recovers assets for free, it is not providing this service to Somalia.

Many financial institutions have been reluctant in the past to return the money to a makeshift government in charge of a failed state regularly accused of embezzlement, but US and IMF recognition of Somali’s new Mogadishu government this year – the first such recognition in more than 20 years – is likely to trigger the return of the money.

A US government official told the FT that gold belonging to Somalia worth an estimated $25m is stored at the US Federal Reserve, along with cash and property worth millions of dollars, and it is expected to be signed back over to Mogadishu in the coming weeks.

Diplomats say international financial institutions would be less likely to co-operate if allegations of corruption persist.

http://www.ft.com/intl/cms/s/0/6719e...#axzz2e7maVdAd
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Re: ila Qosol: Federal Government Makes Funniest Move Ever!!

Post by Grant »

"So if the UN Monitoring Group reports have "Never been reliable" as you put it, why did the Federal Government go out of it's way to hire it's own consultants to rebuttal them?
Further more to aid the UN reports findings, the Somali Federal Government not only hired any consultants, but rather one with prior vested financial interest destined to
clear them of any allegations of massive corruption. Way To Go Indeed."

I believe those issues were all covered in the article. The appearance of wrongdoing has been exaggerated in past Monitoring Group reports, which have clearly been designed to destabilize any central government. In my opinion, the Mahamud Administration has done the right thing in hiring known experts to evaluate their performance and suggest improvements. No member of the Monitoring Group has a degree in accounting or is otherwise qualified to evaluate any of this. Furthermore, many of the allegations precede the Mohamud Administration. FTI and Schulman-Rogers have international reputations to protect; It is only the Monitoring group coordinator, Mr Chopra, that is suggesting there is a conflict of interest.

You will perhaps have noticed that one of the more significant suggestions in the report is that the UN monitor the monitors. Do you remember when and for what Matt Bryden was fired?
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Re: ila Qosol: Federal Government Makes Funniest Move Ever!!

Post by Casanova25 »

Grant wrote:"So if the UN Monitoring Group reports have "Never been reliable" as you put it, why did the Federal Government go out of it's way to hire it's own consultants to rebuttal them?
Further more to aid the UN reports findings, the Somali Federal Government not only hired any consultants, but rather one with prior vested financial interest destined to
clear them of any allegations of massive corruption. Way To Go Indeed."

I believe those issues were all covered in the article. The appearance of wrongdoing has been exaggerated in past Monitoring Group reports, which have clearly been designed to destabilize any central government. In my opinion, the Mahamud Administration has done the right thing in hiring known experts to evaluate their performance and suggest improvements. No member of the Monitoring Group has a degree in accounting or is otherwise qualified to evaluate any of this. Furthermore, many of the allegations precede the Mohamud Administration. FTI and Schulman-Rogers have international reputations to protect; It is only the Monitoring group coordinator, Mr Chopra, that is suggesting there is a conflict of interest.

You will perhaps have noticed that one of the more significant suggestions in the report is that the UN monitor the monitors. Do you remember when and for what Matt Bryden was fired?
the propagandist have been well answered by the American :up: :lol:

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