Somalia president Hassan Sheikh richest man in Africa for corruption

File Photo/Somali Times




Somalia President Hassan Sheikh before he become president for the first time he 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.

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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.

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Somalia President Hassan Sheikh and his family looted Somalia government assets, properties and lands, Hassan Sheikh and his family take over.

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Hassan Sheikh displaced more than 500 thousand Somali citizens from Mogadishu, their homes were bulldozed in the middle of the night. Their MPs who should have defended them have become greedy and unscrupulous people of the community they represent.

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Hassan Sheikh removed the graves of the people buried there the land belong to Somalia police forces and sold illegally to Somali businessmen.

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Hassan Sheikh who ask the European countries, USA, Canada and others that gave asylum to the Somalis to return them, so he can benefit from that and make more money.

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Somalia’s governance structures have remained fragile and dysfunctional since those unbridled days.




Successive transitional governments have struggled to assert authority and provide essential services to the public. However under President Hassan’s leadership, corruption and nepotism reached alarming levels none of the previous regimes be it transitional or otherwise ever stooped so low as to misappropriate the public lands and government taxation.

A culture of impunity permeated Hassan Sheikh government, allowing public funds to be embezzled and state assets misappropriated.

Looting of public property including the military barracks became common practice under President Hassan’s two terms. As a consequence of the lawlessness and insecurity, around 4 million people found themselves classified as internally displaced persons that are struggling to survive up to today.