In view of the pervasive corruption within the TFIs, the limitations of the TFG Central Bank and the absence of a comprehensive legislative and regulatory framework or monetary policy, it is the assessment of the Monitoring Group that the plan to introduce this paper currency prior to the completion of the transitional process in August 2012 was intended to create an opportunity for the large-scale misappropriation of financial resources and constituted an attempt by certain TFG leaders to interfere with the political process as defined by the Djibouti Agreement of 2010 and the Road Map.
In view of the pervasive corruption within the TFIs, the limitations of the TFG Central Bank and the absence of a comprehensive legislative and regulatory framework or monetary policy, it is the assessment of the Monitoring Group that the plan to introduce this paper currency prior to the completion of the transitional process in August 2012 was intended to create an opportunity for the large-scale misappropriation of financial resources and constituted an attempt by certain TFG leaders to interfere with the political process as defined by the Djibouti Agreement of 2010 and the Road Map.