Sunday, 11 August 2013

Mo Farah backs petition for Barclays to keep cash transfers

Mo Farah backs petition for Barclays to keep cash transfers

LONDON (Thomson Reuters Foundation) - Somali-born double Olympic champion Mo Farah has backed petitioners calling for Barclays to keep open its cash transfer business, a lifeline for millions of Somalis and others in developing countries who depend on remittances to survive.
London-based Barclays announced in June it would stop offering banking services to some Somali transfer firms because it feared funds might end up in the hands of "terrorists" in the Horn of Africa nation slowly emerging from two decades of conflict...
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