Somali President denies U.N. corruption accusations

MOGADISHU (KON) - Somali President Hassan Sheikh Mohamud has distanced himself from a U.N. report accusing him of involvement in a conspiracy to divert millions of dollars in stolen and frozen Somali assets overseas.

News Keydmedia Online
18 July 2014

"We have demonstrated our commitment to progressive public financial management in many ways, including appointing the Financial Governance Committee (FGC)," President Mohamud said in a statement, a copy of which was emailed to Anadolu Agency late Wednesday.

"The FGC released its first progress report in May highlighting significant public financial management achievements," he added.

A report by the Somalia and Eritrea Monitoring Group, a U.N. group mandated to check on Somalia