United States Aid and Development, Mercy Corps, and World Vision Somalia are among aid agencies that have complained about the closure of dozens of Hawala’s in Kenya.
The Government of the Republic closed dozens of illegal money transfer systems commonly known as Hawala’s for facilitating terrorism in Kenya.
Intelligence services reports showed that Hawala’s were being used by terrorists and their supporters to channel money to terror cells and terrorism activities.
Aid agencies expressed concern that Somalia would lose approximately US$1.3 billion sent home by the Somali diaspora to support families and friends.
This represents 24-45 percent of Somalia GDP and more than all annual humanitarian aid, development aid and foreign direct investment.
Kenya is battling terrorism from both Somalia and homeland.
They are used for money laundering which happens to be an economic threat. period.
They are used for money laundering which happens to be an economic threat. period.