ITALY ON TRACK TO RECOVER ASSETS EXPROPRIATED IN SOMALIA AFTER 1991

Somalia news

The visit of the Italian Prime Minister Giorgia Meloni to Ethiopia to attend a trilateral summit comes in the wake of an active campaign by Italian government to recover assets expropriated in Somalia by clan militias after the collapse of the state in January 1991…

The Italian government companies and citizens own properties and farms in Southern Somalia regions. Landmark buildings such the now destroyed Mogadishu cathedral and the Italian House in pre-war Central Mogadishu bore remarkable Italian influence reflected in cinemas, bookshops, patisseries, grocers and restaurants among other businesses that made Mogadishu a melting-pot.

Italian construction companies were implementing projects in Southern Somalia. The Italian expatriate community had a seizable presence in Mogadishu before United Somali Congress toppled the military regime. Italian citizens had to be evacuated from Mogadishu.

A lawyer in Rome said that “Italian assets expropriated in Somalia belong citizens of the European Union. The Federal Government of Somalia will be required to issue an official statement on the unresolved issue of assets expropriated in Mogadishu by clans politically dominant in Mogadishu.”

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Malabow

Mr.Malabow is a Senior Writer and Editor at the Strategic Intelligence, Specializes in writing intelligence reports, geopolitics, military intelligence and organize crime reports.

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