MOGADISHU (Somaliguardian) – Somalia’s police entered two Hormuud company premises in Mogadishu on Sunday, including its headquarters in Bakara Market and its main management headquarters on the road leading to the airport, with investigations under way under a court warrant, Somali Stream reported.
Initial reports suggest the investigation is linked to recent developments in Southwest state, where forces loyal to former regional president Abdiasis Laftagaren have retaken all major towns in Bay region except Baidoa.
The latest advances reverse gains made by Somalia’s federal government during a March offensive that ousted Mr Laftagaren and his administration.
The federal government imposed economic sanctions on Mr Laftagaren’s administration and anyone who co-operates with it.
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