(15-05-23) MOGADISHU – The Office of the Attorney General of the Nation has filed a case against AUMOTAIVTE MANAGEMENT SERVICE, a foreign company, and its manager, accusing them of money laundering and tax evasion. The case has been submitted to the Banadir Regional Court for further proceedings.
The allegations against the company and its manager have raised concerns about the integrity of foreign investments and business practices in Somalia. The Attorney General’s Office has taken this opportunity to remind all foreign companies operating in the country of their legal obligations and the importance of compliance with the nation’s laws.
AUMOTAIVTE MANAGEMENT SERVICE and its manager have been formally charged with money laundering and tax evasion. The company’s alleged illicit activities have led the Attorney General’s Office to act swiftly in an effort to bring those responsible to justice and ensure that the country’s financial system remains secure and transparent.
In a statement, the Attorney General’s Office warned foreign companies that failure to comply with the country’s laws would not be tolerated. The office emphasized the need for transparency and adherence to the legal framework in order to foster a business environment that is conducive to growth and development.
In its tireless pursuit of justice, the Office of the Attorney General demonstrates that Somalia is open for business—but not at the expense of its laws, its integrity, or its people.
© Halqabsi News
