Minnesota banks stop money transfers to Somalia; Al Franken upset

Most Somali's in America live in Minnesota, and through local Somali businesses, or "Hawalas" monies from the U.S. is sent to Somalia. A large portion of this money ends up in the hands of "The group who used to be known as Al-Shabaab but are now known as Imaarah Islamiya." Now there will be innocent Somali's affected by this closing of this greenback pipeline, but it is needed in order to let Imaarah Islamiya know we control their money, and can shut it off as we see fit. Sen. Franken believes by stopping the money transfers we give the victory to Imaarah Islamiya by allowing them to blame us for continued famine and poverty. They just might do that, but it will make no difference in the plight of the innocents in Somalia as hey will continue to suffer terribly under the tolerant and peaceful hand of Islam.

From Homeland Security News Wire December 13

Minnesota banks to stop money transfers to Somalia

In an effort to cut off funds to Somali terrorists, banks in Minnesota will no longer support money transfers via local businesses called “hawalas”; Minnesota has the largest concentration of Somalis in the United States and officials fear that money sent from relatives living in the United States could be funding terrorist groups like al Shabaab

In an effort to cut off funds to Somali terrorists, banks in Minnesota will no longer support money transfers via local businesses called “hawalas.”

Minnesota has the largest concentration of Somalis in the United States and officials fear that money sent from relatives living in the United States could be funding terrorist groups like al Shabaab.

On 15 December, Franklin Bank, the last remaining bank to support hawalas, will discontinue its wire services to Somalia, which has Somalis in Minnesota panicking. Without hawalas Somalis worry that their families in their home country will have no way of supporting themselves.

Somalia’s financial infrastructure is largely inexistent and many families there depend on remittances from relatives living abroad to survive. To make matters worse, Somalia is currently experiencing one of its worst famines in history.

“This is going to have a massive negative effect on Somali, Kenyan, and Ethiopian populations who are facing one of the worst recorded famines and droughts in recent history,” said Aden Hassan, a spokesman for the Somali American Money Wiring Association

The CIA estimates that Somalia receives roughly $1.6 billion in remittances each year from around the world.

Even 10% of that would buy a lot of jihad.

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