File Photo/Somali Times
Somalia puppet Said Abdullahi Deni and the UAE-based DP-World have agreed to transfer control of the port of Bosaso from B&O, which has been in control of the port for five years.
The management of the port has been handed over to an unnamed company, according to Puntland Ports Minister Ahmed Yassin Salah told Somali Times.
B&O has been accused of failing to reach an agreement on the Bosaso port to begin construction of the port, although this has affected the assassination of B&O CEO Paul Farmosa in Bosaso in February 2019.
Puntland Ports Minister Ahmed Yasin Salah said the new company would officially start operations soon.
Puntland businessmen have called for the DP World deal to be terminated, saying they are investing in the port of Bosaso. But Puntland did not accept that, and said it was still considering a DP World deal.
Puntland leaders are corrupt Bosaso port been sold twice from governor Abdiwali Gas and Said Deni, both work United Arab Emirates.