Sudanese officials launched an anti-corruption campaign this week. It will pursue bank accounts of officials, businessmen and managers abroad.
Specialized inspection teams are auditing bank accounts in Malaysia. The audit examines deposits and withdrawals in cases related to the abuse of power. It deals with foreign exchange, and money laundering and other charges, according to Al-Hayat newspaper.
Since then, authorities interrogated former Finance Minister, Badr Eddine Mahmoud, for financial abuses. The Central Bank of Sudan has confiscated the funds of 89 customers in Sudanese banks accused of manipulating the export revenue. Many other senior bank employees for committing abuses have been fired.
Major General Abdul Ghaffar Al-Sharif is accused of a breach of trust, bribery, unlawful and suspicious enrichment, money laundering, and financing terrorism besides other national security charges.
The general manager of Faisal Islamic Bank of Sudan, Al-Baqir Al-Nouri, and the chairman of the Islamic Insurance Company Limited, Mohammad Hassan Nair, were arrested for manipulating the exchange market and speculating in the Sudanese currency.
Sudan’s Information Minister Ahmed Bilal Osman said efforts to fight corruption will continue until Sudan is free of corruption. He stressed there will be no exception for anyone found guilty.
In February, Sudanese President Omar Al-Bashir declared war on corruption.
In a speech Al-Bashir said, “We will apply the law of unlawful wealth, to uncover the forbidden and suspicious money and money laundering. We will prosecute corruption inside and outside the country, so our economy will recover.”
The crackdown on corruption came amid an economic decline and rising public anger over rising prices of goods and services. The Sudanese pound value dropped to its lowest level compared to other currencies.
Transparency International ranked Sudan among the most corrupt countries in the world. It ranked 175th out of 180 countries.
Middle East Monitor | July 25, 2018