UPDATE 1-Sudan's military council orders seizure of "suspect" funds - state news agency
The TMC ousted former Sudanese President Omar al-Bashir last week after three decades in power. Protest leaders have called for the country's new leaders to tackle corruption and hold former officials to account. The TMC ordered the "suspension of the transfer of ownership of any shares until further notice and for any large or suspect transfers of shares or companies to be reported" to authorities.
In a separate decree, the council said all state entities should disclose financial holdings within 72 hours, and that those who did not comply could be fined and face up to 10 years in prison, SUNA reported. The decree applies to bank accounts and holdings of foreign currency as well as precious metals and jewelry inside and outside Sudan, the council said.
(Reporting by Ahmed Tolba; Writing by Yousef Saba and Aidan Lewis; editing by John Stonestreet)
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
ALSO READ
NASA selects companies to develop lunar terrain vehicle for Artemis Moon missions
'Tremendous arrogance' in Congress leadership: ex-MP Sanjay Nirupam
Smriti Irani campaigns in Wayanad, alleges Rahul taking support from PFI's political leadership
US Domestic News Roundup: Trump loses bid to delay hush money trial until US Supreme Court review; Biden, Senator Bernie Sanders push companies to cut cost of asthma inhalers, prescription drugs and more
Japan's 'Shinto' religion contributes to Global Dialogue at 'Congress of Leaders of World and Traditional Religions'