President Bihi demands Dahabshiil Shares, source confirms

Hargeisa (SD) – Somaliland president Muse Bihi Abdi according to sources demanded that Dahabshiil owner give his family shares in that company.

The source who spoke to us on the condition of anonymity said, Dahabshiil told the president he couldn’t oblige, due to company rules.

President Bihi is said to be upset and is not communicating with the owner, despite numerous mediations.

The President allegedly asked for 30% of Dahabshiil be given to his son Ahmed Muse Bihi.

The source confirmed that this rift contributed to the feud with Djibouti, when the president refused that country’s Fiber Optic Cables go through Berbera port, and furthermore, turned down meeting with Djibouti minister in Hargeisa last week.

Dahabshiil along with Djibouti was to benefit from the cables at Berbera.

President Bihi has apparently taken a page out of President Ismail Omar Guelleh’s book, in demanding shares in companies who do business in that country.

President Bihi’s Family members are said to be not only accepting patronage appointment in the government, but are demanding shares in large companies.

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1 reply »

  1. Waa wax lala yaabo haddii arintaasi run tahay. In awaooda madaxweyne lagu qasbo shirkaddii ganacsi oo gaar Loo leeyahay.

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