According to a Garoweoneline article dated 16 May 2010, a private jet is said to have delivered to Mogadishu a total of 22 million worth of Somali shilling notes, supposedly printed in Malaysia. The central bank had previously announced plans to have Sudan print new notes at a cost ofRead More…

According to a Reuters report dated 29 March 2008, Somalia’s central bank plans to revamp the country’s currency because of a flood of fake notes printed by warlords and businessmen. Addressing donors meeting in neighbouring Kenya, the bank’s director general, Sharif Mohamed Hassan, said “greedy” individuals had pumped counterfeit cashRead More…