Currency exchange center attacked in Warrap state
* Article
* Comments (16)
email Email
print Print
pdfSave
separation
increase
decrease
separation
separation
*
*
*
*
August 19, 2011 (JUBA) – South Sudan officials say a currency exchange
center was attacked in Warrap state, prompting the officials from the
Central Bank of South Sudan (CBoSS) to evacuate the money held there
to Wau in Western Bahr el Ghazal state.
JPEG - 36.8 kb
Men from South Sudan display new currency notes outside the Central
Bank of South Sudan in Juba July 18, 2011 (Reuters)
The attack which occurred on Thursday left one person dead and two
others wounded.
The caretaker minister of information and official spokesman of the
government, Barnaba Marial Benjamin, on Friday said the insecurity in
Warrap state has affected the currency exchange process in the state.
South Sudan is in the the process of circulating its new currency
issued after its independence on July 9th.
Benjamin also said that the exchange process has been affected in Uror
county of Jonglei state because of the recent revenge attacks by the
Murle tribe against the Luo Nuer community in Jonglei state. Uror
county has a population of 180,000.
On Friday, Marial told the press that the newly appointed CBoSS
Governor Cornelio Koryom Mayik, briefed the Council of Ministers on
the progress and challenges the bank has been facing in the currency
exchange process.
The official said the attack on the money center was initiated by a
local group who are believed to have wanted to steal the money but
pretended to be fighting among themselves while moving towards the
center. He said some of the wounded attackers have been arrested and
are under investigation.
Out of the projected 2.5 billion South Sudanese Pounds believed to be
in circulation in South Sudan’s ten states, 1.2 billion has already
been exchanged, explained Marial.
However, some of the old currency has not yet been collected and
remains in the bank’s branches in the states or in some of the
commercial banks, prompting fears for their safety.
CBoSS officials say the money may sit in such locations until the bank
establishes a building in which to keep the old currency, pending
decision by the government on its fate.
So far over 970 million exchanged Sudanese Pounds has been collected.
Officials expressed the need to also collect the remaining 400 million
and keep them under the centralized custody of the Bank of South Sudan
in order to avoid any attempt by some to re-circulate the old
currency.
The deadline to end the exchange process is set for September 1st 2011.
(ST)
--
You received this message because you are subscribed to the Google Groups "JFD
info" group.
To post to this group, send email to [email protected].
To unsubscribe from this group, send email to
[email protected].
For more options, visit this group at
http://groups.google.com/group/jfdinfo?hl=en.
