Presidenta Hassan Said: Remittance are a liveline for some of the worlds’ poorest


H.E. Hassan Sheikh Mohamud, President of the Federal Republic of Somalia, has called on Barclays Bank to suspend its decision to shut down the accounts of crucial Somali cash transfer firms.

The President said: “Some of the world’s poorest people depend on remittances sent to them from the Somali diaspora. At the end of the vast majority of cash transfers supported by Barclays Bank, are families and children whose struggle through each day is unimaginable to most.

“Somalia is on the brink of a breakthrough after two decades of chaos. We have the support of Britain and the world and we need the support of all our friends across all sectors. Barclays are a friend and we cannot understand their sudden decision to foreclose on legitimate accounts that support money transfer.

“I appeal to Barclays to reverse their decision, or at least to postpone it to allow proper consultation. A solution must be in place before such drastic action is taken.

The President hopes that a way can be found for Barclays Bank to retain the service whilst working together with the Somali and UK Governments to remain compliant in monitoring transfer funds and improving procedures that tackle financial crime, a stated commitment of the new Federal Government.

“We understand Barclay’s corporate responsibility and its duty to its global customers to maintain a reputation for tackling financial crime, but that does not have to pull the rug from under the feet of people battling extreme poverty and before our fledgling government can step in to help.

“We need time and support from the UK Government to resolve this issue, or the sad reality is that an “regrettable inconvenience” could directly result in human tragedy.”President Hassan: Somalia very grateful for the solidarity of the UN.

Mogadishu, 27 June 2013 – The President of the Federal Republic of Somalia, H.E. Hassan Sheikh Mohamud, today received the UN’s top political official, Jeffrey Feltman, Under Secretary-General for Political Affairs, in Villa Somalia, as he came to show the UN’s solidarity with the Government and the people of Somalia. Deputy Prime Minister & Minister of Foreign Affairs of Somalia and the Special Representative of the Secretary General of the UN to Somalia were among those present in the meeting.

At a joint press conference with Mr Feltman after their meeting, President Hassan said: “My Government hugely welcomes this visit and its significance in demonstrating the UN’s solidarity with Somalia after last week’s UN Compound attack on 19 June 2013. Al-Shabaab’s aim was to terrorize the people and the UN staff who came to help the Somali people. However, today’s visit by the UN’s top political official, Jeffrey Feltman, is a strong sign of support to the people of Somalia and to show Al-Shabaab that they did not and can not achieve their aim of terrorizing our people into submission.”

The President thanked Mr Feltham for this special visit to Mogadishu, his second so far this year, and for the unwavering support of the UN to the people of Somalia. The President updated Mr Feltman on the Government’s priorities and the progress in political and security issues, and they discussed the wider subjects of the new UN mission and the rebuilding of Somalia.

Describing last week’s attack on the UN Compound, he President said: “The attack on UN Compound on the 19 June 2013 shows us how Al-Shabaab is determined to cause maximum casualties to innocent civilians, but we are stronger and more united than ever before in our determination to defeat them. Our security forces with the support of AMISOM responded quickly and professionally and saved many lives. However, we continue to need the support of the international community in rebuilding our security institutions in order to bring peace and stability to Somalia.”

Xafiiska Wararka Midnimo,