February 26, 2015

Transfer Denied: The Hidden Costs of Washington’s War Against al-Shabab

By Peter Harrell

As a child, Noor Dubow fled war in his homeland of Somalia. Growing up, he fought constantly against hunger while living in a refugee camp in neighboring Kenya. Today, he wears a tie to work, goes to school at night, and lives in a tightknit Somali community in America’s heartland. But Dubow, 29, still struggles with fear — not for himself, but for relatives left behind who are about to be cut off from his financial lifeline.

Since moving to Columbus five years ago, Dubow regularly has sent money to his family through an ever-dwindling number of banks willing to wire funds to private financial firms in Somalia. The last major bank in the United States to do so abruptly stopped this month, worried about prosecution or other liabilities should the money be seized by militants who are ravaging the East African country.

Read the full article at Foreign Policy.

  • Peter Harrell

    Adjunct Senior Fellow, Energy, Economics and Security Program

    Peter Harrell is an adjunct senior fellow at the Center for a New American Security, where he focuses on the intersection of economics and national security. Research interest...