Home / Middle East / Sudan confiscates funds of old regime

Sudan confiscates funds of old regime

Sudan’s ruling Transitional Military Council ordered the central bank to review financial transfers since April 1 and to seize “suspect” funds, state news agency SUNA reported on Wednesday.

The TMC also ordered the “suspension of the transfer of ownership of any shares until further notice and for any large or suspect transfers of shares or companies to be reported” to authorities.

Source: Reuters

Check Also

Umm Al Qaiwain Industrial City infrastructure completed

The Umm Al Qaiwain Industrial City Authority has completed the construction of the infrastructure of …

Leave a Reply

Your email address will not be published. Required fields are marked *

%d bloggers like this: