CENTRAL BANK ACCUSES SOUTH OF LYING OVER OIL REVENUE REMITTANCES

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The governor of Sudan’s central bank Sabir Mohamed Al-Hassan yesterday refuted allegations made by the Government of South Sudan (GoSS) relating to the disbursement of the South’s share in oil exports.

David Deng Athorbei, GOSS minister of finance and economic planning revealed on Monday that the South has recently been receiving its share of oil in local currency which is contrary to the peace agreement, Sudan Tribune website reported.

But the governor of Sudan’s Central bank dismissed the claims by GoSS saying that the central government never transferred oil revenue in local currency to the South since signing the CPA Mr. Hassan revealed that the operational balance of the central bank branch in the South is 726 million dollar saying that the latter amount is twice the amount of the North branch. Under the CPA, there is one central bank in Sudan with two branches in the North and South.

They are under the authority of the Khartoum based governor.He said GoSS is interfering in the policies of the Southern branch of the central bank as if it is an entity separate from the North, describing this as a violation of the CPA. He suggested that GoSS statements are meant to strengthen its position with international backing to gain concessions in the post-referendum negotiations with the NCP.