12/6/2021
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Somali elections committee names eight banks that can receive election fees


Sunday November 21, 2021

MOGADISHU (HOL) - The Federal Elections Indirect Team (FEIT) has announced that delegates and candidates participating in the upcoming Lower House elections can make their payments in eight commercial banks in the country.

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According to the notice released on Sunday, the delegates will be required to pay $30 while candidates part with $750 for clearance at the Criminal Investigations Department (CID).
Additionally, male candidates will pay a registration of $10,000 while women pay $5,000.

The following banks can receive the fees: Salaam, Dahabshil, Amana, My Bank, Premier, IBS, Amal and SomBank.

The monies are then required to be deposited into the Treasury Single Account at the Central Bank.

Last week, major election donors-UK, US and Norway demanded that the Federal Government and the FEIT account for all funds allocated for the elections.

According to the Federal Government, the election will cost $27.2 million.



 





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