Somalia president and his family are responsible for the people of Mogadishu facing economic crisis

File Photo/Somali Times




Somalia corrupt president Hassan Sheikh failed in both domestic and international politics.

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Somalia’s corruption runs throughout President Hassan Sheikh and his family the regime. From its judicial system, to public services, administration, police, tax and customs administration, legislation, natural resources, public procurement and the civil society, the scourge remains unabated.




It has long been that positions in the Somalia corrupt President Hassan Sheikh’s family are being sought to quickly make money, with Mogadishu being the easiest place to do so, where there are no conscious citizens who can say “no” to those who are constantly thinking about how to get their money back.

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The corruption of Hassan Sheikh and his family, who have benefited from the airspace revenue of Somalia, has been confirmed to Somali Times by reliable sources within Hassan Sheikh’s government.

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Hassan Sheikh and his family are responsible for the financial corruption of Somalia’s airspace.

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The money collected from the airspace revenue of Somalia by international airlines goes to Jihan Hassan Sheikh’s private bank, which opened in the Turkey.




The money from the airspace of Somalia used to go to the central bank of Somalia and the Ministry of Finance, but the Somalia finance minister Bihi Iman Egeh, who spoke to Somali Times, said that it did not go to the revenue of the ministry he leads.

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Somalia diplomatic and civil servant passports, which are being unlawfully issued to private individuals who do not qualify for them. This fraudulent practice has severe legal consequences and violates both Somalia and international laws, particularly in relation to human trafficking.




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Immigration fraud, and violations of international national security regulations. If these violations are not immediately addressed, Somalia risks severe diplomatic repercussions, including potential visa restrictions or outright bans on all Somali citizens, unfairly affecting law-abiding individuals seeking to travel for legitimate purposes such as medical treatment, business, or family visits.

Reliable whistle-blower reports from senior officials within the Ministry of Foreign Affairs have uncovered a highly organized human trafficking and visa fraud scheme that poses a direct threat to U.S., U.K., E.U., and Canadian national security.




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Somalia President Hassan Sheikh Mohamoud before he become president for the first time was a teacher and one of his wives used to sell petrol Km4 on the road in Mogadishu. Now Hassan and his family own properties in Kenya, Tanzania, Uganda, Turkey, UAE and the EU. Hassan and his family are now multimillionaires according to sources Somali officials told Somali Times Hassan Sheikh’s net worth is over 2.2 billion US dollars.

Somalia is a country that has been plagued by corruption for decades. The government has been identified as one of the main sources of corruption in the country.




Mogadishu is facing new economic pressure after fuel and food prices suddenly rose by almost 97%.

Until a few days ago, a liter of gasoline was selling for about $0.65, but on Friday night the price jumped to $1.15, directly affecting drivers, traders and the city’s population in general.




Market experts say the rapid increase is linked to the escalating military tensions in the Middle East, especially the standoff between Iran, the United States and Israel, which has been affecting global oil markets for days.

Another reason for the increased pressure is that oil tankers face high security and insurance risks when passing through key waterways such as the Red Sea and the Gulf of Aden.




Meanwhile, reports of possible disruptions to the region’s oil refining industry and export terminals have added to market concerns, causing global oil prices to rise sharply.

The biggest impact has already been felt by people living in Mogadishu, especially public transport such as taxis and Bajajs, who fear that they will be forced to increase the prices they charge.




A driver working in Mogadishu who spoke to the media said: “I went to bed paying 65 cents, and when I woke up in the morning the price had exceeded one dollar. It is very difficult for us to support our families if fuel is this expensive.”

Economic analysts warn that if the Middle East crisis continues, the impact will not be limited to fuel alone. There are fears that the cost of electricity and imported food, which are the backbone of life for people living in Somalia, will increase.