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Somalis fear blocking of US wire transfers will lead to hardship; officials seek solution
StarTribune.com ^ | 12/23/11 | ABDI GULED and AMY FORLITI/AP

Posted on 12/23/2011 3:08:03 PM PST by ButThreeLeftsDo

Somali officials said Friday they are pleading with U.S. authorities to persuade banks to reconsider a decision to block money transfers from Minnesota's Somali community to relatives in this Horn of Africa nation, where anarchy has given safe haven to an al-Qaida linked terror group.

The institution that handles the bulk of money transfers from Minnesota to Somalia — Sunrise Community Banks — has said it will discontinue the service at the end of December over fears it could be at risk of violating government rules intended to clamp down on the financing of terror groups.

Minnesota political leaders Rep. Keith Ellison and Sen. Al Franken, both Democrats, are seeking solutions. Meanwhile, Somalis in Minnesota and elsewhere have been regularly talking with the bank, officials from the U.S. Treasury, and other authorities.

But the bank issued a statement Friday saying that without legal and regulatory relief, it must stand by its decision to close its accounts with those money service businesses on Dec. 30.

(Excerpt) Read more at startribune.com ...


TOPICS: Culture/Society; Foreign Affairs; News/Current Events; US: Minnesota; War on Terror
KEYWORDS: money; somalia; somalis; transfers
Tough hop. There's the plane home. Be on it.
1 posted on 12/23/2011 3:08:11 PM PST by ButThreeLeftsDo
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To: ButThreeLeftsDo

sorry for screaming but WHY THE HELL CAN’T WE OR HAVEN’T DONE THIS WITH MEXICO YET?? Make all the illegals personally deliver it back home.


2 posted on 12/23/2011 3:10:11 PM PST by eyeamok
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To: ButThreeLeftsDo

The Somalis must get their act together and kick Al Qaeda out of their nation. Oh, and stop pirates from preying on ships.

Somalia will do better internationally if the nation begins acting like it wants to be part of the modern world of commerce.


3 posted on 12/23/2011 3:11:38 PM PST by SatinDoll (NO FOREIGN NATIONALS AS U.S.A. PRESIDENT)
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To: ButThreeLeftsDo

Not to worry. As soon as Obamalamadingdong finds out they’re a strong voting block, he’ll sue the banks to restart.


4 posted on 12/23/2011 3:12:04 PM PST by SkyDancer ("If You Want To Learn To Love Better, You Should Start With A Friend Who You Hate")
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To: SkyDancer

He’ll put Holder right on that...


5 posted on 12/23/2011 3:13:27 PM PST by ButThreeLeftsDo (...And I'm All Out Of Gum.)
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To: eyeamok

Good point! I see people wiring money to Mexico via Western Union in my local supermarket.


6 posted on 12/23/2011 3:13:27 PM PST by SatinDoll (NO FOREIGN NATIONALS AS U.S.A. PRESIDENT)
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To: ButThreeLeftsDo
Minnesota political leaders Rep. Keith Ellison and Sen. Al Franken, both Democrats

Oh goodie, a Muslim and a moron. Such wisdom and fairness will come out of that!

7 posted on 12/23/2011 3:13:52 PM PST by Old Sarge (RIP FReeper Skyraider (1930-2011) - You Are Missed)
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To: ButThreeLeftsDo

...send the money by ship...????...oh wait...?????...well it does take out the middleman Obama


8 posted on 12/23/2011 3:15:46 PM PST by Doogle (((USAF.68-73..8th TFW Ubon Thailand..never store a threat you should have eliminated)))
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To: Old Sarge

“a Muslim and a moron.”

HA!


9 posted on 12/23/2011 3:15:58 PM PST by ButThreeLeftsDo (...And I'm All Out Of Gum.)
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To: eyeamok
"WHY THE HELL CAN’T WE OR HAVEN’T DONE THIS WITH MEXICO YET??!!

In this case I don't think an apology is necessary, in fact I thought I'd help with making your statement Bold, and added a couple of exclamation marks. Oh, and I agree.

10 posted on 12/23/2011 3:19:24 PM PST by VR-21 (God save us from Mister Magoo Republicans.)
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To: ButThreeLeftsDo

Now if we could keep them from sending money to Ellison and Franken that would be a further improvement. The Twin Cities needs to celebrate Stephen Decatur.


11 posted on 12/23/2011 3:29:20 PM PST by JohnBovenmyer (Obama been Liberal. Hope Change!)
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To: AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; ColdOne; Convert from ECUSA; ...

Thanks ButThreeLeftsDo.


12 posted on 12/26/2011 9:01:37 PM PST by SunkenCiv (Merry Christmas, Happy New Year! May 2013 be even Happier!)
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