Browsing Tag

accounts

Kenyan Court Maintains Block on Somalia Embassy Accounts Due to Contractor Debt

Somalia contended that the embassy's accounts at Premier Bank Limited should be shielded by diplomatic immunity. Yet, Justice Mabeya pointed out that Article 31 of the Vienna Convention on Diplomatic Relations (1961) doesn't cover commercial dealings. He decreed that sovereign immunity is inapplicable to states partaking in business activities like contractual engagements. The Somali embassy's envoy, Jabril Ibrahim Abdulle, declared in an affidavit that the contested funds comprised fees from those applying for passports…

Contradictory accounts surface following explosions in Mogadishu.

Chaos and Confusion Following Explosions in Mogadishu Mogadishu experienced a wave of tumult on Saturday due to a series of powerful explosions that resonated throughout various neighborhoods. Initially, authorities attributed these jarring sounds to large plastic bags that had been strategically placed. "We would like to assure Mogadishu residents that what they heard resulted from plastic bags, and thankfully, no injuries or fatalities occurred," the police announced. Light damage to tin-roofed houses did merit mention,…

The central bank freezes accounts for figures for the #EndSars business

Following the bloody attack on the Nigerian youth protest movement by the military, authorities are keeping the pressure on some identified individuals within the #EndSars movement. Twenty of them's bank accounts were frozen, following a decision by the Nigerian central bank. The #EndSars movement has always claimed to be leaderless, but the Nigerian authorities seem to have identified some of its alleged "promoters". They are under increasing pressure, almost three weeks after the army intervened the peaceful movement of…

drought and pandemic have put the accounts in red

Drought and pandemic, these are the two evils that hit the Moroccan economy in 2020, according to the International Global Fund (IMF). The institution, which has just completed a mission in Morocco, estimates that the economy will have to contract by 6 to 7% this year before returning again by 4.5% next year. A rebound that does not depend on the will of the authorities alone, emphasizes the IMF.…

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