Sudan Fights Corruption by Freezing ‘Suspicious’ Bank Accounts

Wagdi Salih, a member of Sudan’s Committee to Dismantle the June 30, 1989 Regime and Retrieve Public Funds. SUNA
Wagdi Salih, a member of Sudan’s Committee to Dismantle the June 30, 1989 Regime and Retrieve Public Funds. SUNA
TT
20

Sudan Fights Corruption by Freezing ‘Suspicious’ Bank Accounts

Wagdi Salih, a member of Sudan’s Committee to Dismantle the June 30, 1989 Regime and Retrieve Public Funds. SUNA
Wagdi Salih, a member of Sudan’s Committee to Dismantle the June 30, 1989 Regime and Retrieve Public Funds. SUNA

Sudan’s Committee to Dismantle the June 30, 1989 Regime and Retrieve Public Funds announced seizing several banking accounts dealing in billions of Sudanese pounds, trading on the parallel market, and involved in money laundering.

Social media users shared a circular issued to commercial banks operating in the country, ordering them to freeze 163 bank accounts mostly belonging to individuals from the ousted regime.

Frozen bank accounts belong to senior officials who served under Omar al-Bashir.

The circular, published by the Central Bank of Sudan, also covers accounts belonging to the officials’ relatives and children.

According to the circular, the central bank decided to seize the accounts based on a letter issued by the Committee to Dismantle the June 30, 1989 Regime and Retrieve Public Funds.

The Committee enjoys far-reaching jurisdiction to dismantle the former regime, its institutions, and political and economic power centers. Apart from putting former regime symbols on trial, the Committee also retrieves funds amassed by corrupt individuals who were powerful under Bashir’s rule.

Additionally, the Committee is clearing state institutions from employees assigned to their posts simply because of their political allegiance to the former regime.

Wagdi Salih, a lawyer, and politician who sits on the 18-member body, has revealed that the Committee could seize 90 bank accounts that handled over 64 billion Sudanese pounds in transactions in a short time.

Salih noted that the bank accounts belonged to individuals who were not involved in a clear economic activity or businesses in a press conference.

However, these accounts have been tied to money laundering and currency exchange schemes. Some of the owners of these accounts have been arrested with procedures pending for other account holders residing abroad.

For his part, Salih denied that the goal of the Committee’s operation was to expose people’s accounts in banks and said that his Committee only pursues suspicious accounts and according to legal and constitutional references.



Egyptian FM Pushes for ‘De-escalation’ Dialogue in Call with European Diplomats

Emergency personnel walk near damaged vehicles at an impact site following a missile strike from Iran on Israel, in Holon, Tel Aviv, Israel June 19, 2025. REUTERS/Violeta Santos Moura
Emergency personnel walk near damaged vehicles at an impact site following a missile strike from Iran on Israel, in Holon, Tel Aviv, Israel June 19, 2025. REUTERS/Violeta Santos Moura
TT
20

Egyptian FM Pushes for ‘De-escalation’ Dialogue in Call with European Diplomats

Emergency personnel walk near damaged vehicles at an impact site following a missile strike from Iran on Israel, in Holon, Tel Aviv, Israel June 19, 2025. REUTERS/Violeta Santos Moura
Emergency personnel walk near damaged vehicles at an impact site following a missile strike from Iran on Israel, in Holon, Tel Aviv, Israel June 19, 2025. REUTERS/Violeta Santos Moura

Egyptian Foreign Minister Badr Abdelatty spoke with French Foreign Minister Jean-Noël Barrot and British National Security Advisor Jonathan Powell on Thursday about the escalating tensions between Iran and Israel.

In a statement after the call, Abdelatty said that the E3, an informal foreign and security cooperation arrangement between the UK, Germany and France, is responsible for opening “channels for dialogue and negotiation and utilize all available channels with the Iranian side to reach compromises that contribute to de-escalation.”

Abdelatty also held calls Tuesday with Iran’s Foreign Minister Abbas Araghchi and US Mideast envoy Steve Witkoff.

The Egyptian Foreign Minister reportedly stressed “the necessity of working toward de-escalation in the region and resorting to diplomatic and political solutions that contribute to containing the escalating situation and averting the risk of a widespread conflagration in the Middle East.”

Abdelatty “underscored the imperative of achieving an immediate ceasefire and returning to the path of negotiations as the only means to reach a sustainable agreement regarding the Iranian nuclear program,” his office said in a statement.