Friday, September 20, 2013

allAfrica.com: Somalia: Aid Agencies Call On Barclays Bank to Keep Somali Lifeline Open

allAfrica.com: Somalia: Aid Agencies Call On Barclays Bank to Keep Somali Lifeline Open

Oxfam, CARE and seven other aid agencies on Monday called on Barclays Bank to scrap plans to close several money transfer accounts that provide a lifeline to millions of Somalis who depend on remittances to survive.
Barclays had planned to close a number of accounts used by Somali transfer firms in the U.K. on Tuesday because of fears the funds might end up in the hands of groups branded as terrorists, such as the al Qaeda-linked al Shabaab.

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