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Reading: Somali president suspends PM over corruption allegations, election spats
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Dailynewsegypt > Blog > Politics > Somali president suspends PM over corruption allegations, election spats
PoliticsRegion

Somali president suspends PM over corruption allegations, election spats

Xinhua
Last updated: 2021/12/28 at 4:14 PM
By Xinhua 2 Min Read
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Somali President Mohamed Farmajo said Monday he has suspended Prime Minister Mohamed Roble over corruption allegations.

   Farmajo accused Roble of being involved in corruption and misuse of public lands in a statement, which came a day after he accused Roble of failing to steer the electoral process to a successful conclusion.

   “The work and powers of the Prime Minister have been suspended pending an investigation,” Farmajo said.

   Deputy Prime Minister Mahdi Mohamed Guled will be the acting prime minister, Farmajo said, noting that Roble will remain suspended until the conclusion of the investigations into Roble.

   Farmajo called on all government officials to refrain from misappropriating public lands and to abide by the laws and regulations of the country.

   The president’s statement came hours after Roble made two appointments, which Farmajo believed to be aimed at disrupting the ongoing investigations by the defense ministry.

   Analysts say the current political rift between the two top leaders will again delay the electoral process slated to conclude by early 2022. Parliamentary elections which began on Nov. 1 have already been suspended after only 24 out of 275 lawmakers have been elected.

   The country’s electoral body had set Dec. 24 as the deadline for the completion of the parliamentary elections.  

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Banks are in the news again. Two bank failures in the US, and the forced takeover of Credit Suisse by UBS in Switzerland, have triggered the worst turmoil in the banking sector since the 2008 financial crisis.
When banks go bust: the four factors at play – trust, confidence, contagion and systemic risk
Business Opinion
Meet Yehia Abouseif: Artist and designer hailing from Cairo and now based in New York
Meet Yehia Abouseif: Artist & designer hailing from Cairo and now based in New York
Culture
Research centres define optimal investment portfolio amid high inflation
Research centres define optimal investment portfolio amid high inflation
Business
Valuation dispute halts SODIC’s acquisition of Orascom for Real Estate
Valuation dispute halts SODIC’s acquisition of Orascom for Real Estate
Business
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