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

Total Page Visits: 28 - Today Page Visits: 1

Check Also

Welcome to the post, post-Apocalypse: An Esoteric reading of Youssef El Sherif’s Al-Nihaya (The End)

By Emad El-Din Aysha, PhD   I’ve been planning to write about Youssef El Sherif’s …

Leave a Reply

Your email address will not be published.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