Geneva (HAN) February 9, 2015 – Public Diplomacy and Regional Financial security news. According to Swiss International Consortium of Investigative Journalists a dozen Somali nationals are holding more than $15 million in secret bank accounts in the global banking giant HSBC’s private bank in Switzerland, according to documents leaked to the media. The accounts, opened between 1988 and 2007, are linked to 22 secret bank accounts, holding about $15.5 million. Twenty nine percent of the clients have a Somali passport or nationality.

According to the documents, one client connected to Somalia has $12.2 million in a secret Swiss bank account.

The Swiss file documents were obtained by the French newspaper Le Monde and were shared with the International Consortium of Investigative Journalists, The Guardian, the BBC and various other media outlets around the world. The documents were first stolen in 2007 by an employee working for HSBC in Geneva.

The secret bank accounts are “maintained for criminals, traffickers, tax dodgers, politicians and celebrities,” according to ICIJ.


Photo: Abdiweli Mohamed Ali, Sheikh Sharif Sheikh Ahmed

The Geeska Afrika Online is Free government-funded. HAN (Horn of Africa newsline) shapes its editorial policy free from political and commercial influence.

Geeska Afrika Online (1985 -2015) – The International Gateway news and views about the Horn of Africa (Ethiopia, Eritrea, Somalia, Somaliland, Sudan, South Sudan, Djibouti, Kenya and Uganda), the best IGAD news and information Online Site for the last 30 Years.

HAN & Geeska Afrika Online (1985-2015), the oldest free independent Free Press in the region, brings together top journalists from across the Horn of Africa. Including Ethiopia, Somalia, Eritrea, Sudan, Djibouti, South Sudan, Uganda, Kenya, Oromo, Amhara, Somali, Afar and Harari. Plus, we have daily translations from 150 major news organizations in the Middle East and East African regions. Contact at


Please enter your comment!
Please enter your name here