Sudan to monitor for looted funds during currency exchange ...Sudan

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Sudan to monitor for looted funds during currency exchange
December 6, 2024 (PORT SUDAN) – Sudan’s government said on Friday it will monitor any attempts by the Rapid Support Forces (RSF) to deposit looted funds during an upcoming currency exchange, adding that the exchange will be done via bank deposits only. The Central Bank of Sudan recently announced it would introduce a new 1,000 Sudanese pound note and withdraw the 500 pound note. It cited widespread bank looting at the start of the conflict between the army and the RSF in April 2023 and the circulation of banknotes of unknown origin. The RSF’s civilian administration has banned the use of the new currency in areas under its control in Darfur. Sovereignty Council member Ibrahim Jabir inspecte

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