Sudan moves to stamp out funding for terrorists

Dealers in currency black market in Sudan, including those who smuggle gold and subsidized commodities to neighbouring countries risk facing charges of funding terrorism, the government announced.

Following a meeting of senior government officials under the chairmanship of President Omar Bashir, Finance and Economic Planning minister Mohamed Osman Rikkabi said that, regardless of their position and status, any Sudanese nabbed in connection of goods smuggling or racketeering would be charged with funding terrorism.

The government has decided that charges of funding terrorism would be at the top of charges levelled against black market dealers.

The meeting agreed persons involved in such practices, including gold smuggling or bluffing in payment of export duty, will face charges of sabotage of national economy, terrorism funding, and money laundering.

In recent times, Sudanese pound nosedived to its lowest value against the US dollar which exchanged for 28 Sudanese pounds in the black market.

According to Rikkabi, the central bank of Sudan would henceforth supervise all overseas purchases by state firms. Local banks should direct their funding to local production sectors.

Meanwhile, overseas travel by government officials would be brought under strict control and would be carried out only in case of extreme necessity, with approval of the Council of Ministers.

The minister said that there would be a ceiling on cash transfers by mobile companies, which should be agreed by the Central Bank and the National Corporation for Telecommunications.