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

Turkey threatens to shut US air base in response to sanctions

Turkey could shut down its Incirlik air base, which hosts U.S. nuclear warheads, in response …

Leave a Reply

Your email address will not be published.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