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Reading: Al-Shabab Militants in Somalia Expanding Their Revenue Base
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Al-Shabab Militants in Somalia Expanding Their Revenue Base

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Al-Shabab, a Somalian Islamist terrorist organization, has reportedly expanded its revenue-generating operations beyond its typical ones, including collecting tolls at checkpoints, to include levying illegitimate taxes on real estate and construction.

The terrorist organization is reportedly looking for additional funding to pay its troops an average salary of $1 million per month, according to a new assessment released this month by U.N. experts. According to the article, the terrorists are still able to transfer money through regional and Islamic banks despite Somalia’s campaign on al-Shabab.

Al-Shabab terrorists requested that a Somali lady who purchased a home in Mogadishu nearly three years ago pay $425 in so-called taxes this year, according to the woman, who asked to remain anonymous for security concerns.

She said that a guy invited her to an al-Shabab court outside of Elasha-boyaha, in the Lower Shabelle district, over the phone. When she arrived, she saw a large group of Mogadishu residents who had also been served with court summonses. Nobody, according to her, dares disobey the group’s directives because fatalities occur.

Al-Shabab allegedly informed homeowners in May that there will be yearly fees between $100 and $300 for iron sheet, stone, and multi-story homes. According to the article, the organization also demands extortion payments from owners of homes and structures being built nearby Mogadishu totaling around 25% of the development’s worth.

Four residents of Mogadishu were interviewed by VOA who paid the unlawful property tax to al-Shabab between May and July of this year, including one who had to pay an extra $120 punishment for paying late.

Out of concern for the extremists, none of them would disclose their identities.

Key to funding

Cut off al-finances, Shabab’s according to Abdisalam Guled, a former deputy intelligence head for Somalia and co-founder of the security company Eagle Ranges Services in Mogadishu.

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There is no question that the organization pays taxes to the capital and the port, according to him, and the administration should develop strategies to address the problems. He continued by saying that people don’t donate to al-Shabab out of love, but rather out of fear.

According to Guled, the Somali people know where al-Shabab receives its funding and whose businesses are backing the organization, thus the government needs their assistance.

The government of Somalia has issued warnings against paying unauthorized taxes and levies to al-Shabab, but Somalis claim that if they refuse, officials cannot guarantee their security.

Al-Shabab, according to Guled, has ingratiated itself into the commercial community, making it challenging to distinguish it from other dealers. He said that although some dealers may not be aware that they do business with al-Shabab, others are.

account closure

Despite efforts by the government to stop funding al-Shabab, the U.N. According to a study, extremists are allowed to transfer money through conventional and Islamic banks and payment companies. According to the study, the Islamist organization transfers funds in sums just under $10,000 to avoid being detected by anti-money laundering and terror funding monitors.

VOA

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