Gum Union demands a resolution to the manipulation of export revenues

Sudan Events – Rehab Abdullah

The General Cooperative Union of Natural Gum Producers stressed the necessity of resolving the companies that tamper with export revenues, and holding the partners accountable to resolve the issue once and for all, and criticized the banks’ laxity with these customers.
The head of the General Cooperative Specific Union of Natural Gum Producers, Dr. Awadallah Ibrahim Adam Madawi, confirmed that the decision to ban companies issued for not supplying export proceeds came too late, as 209 companies are a large number. He stressed that many parties will be held accountable in this case, including the banks that if the proceeds were not obtained, the Central Bank colluded to impose a fine on these banks, in addition to the fact that these banks were supposed to have taken guarantees from the exporters, while it was doubted whether these companies were now operating.
Awadallah expected an offensive campaign to be launched in the coming days against the Bank of Sudan and its governor against the backdrop of the ban decision, and called on the Ministry of Trade, Supply and Economic Security to be strict about the issue of export revenues, in order to prevent the waste of the Sudanese people’s revenues in favor of parasitic parties.
He called on the Ministry of Commerce to be more stringent in issuing export documents while preventing any company that does not return the export proceeds, pointing out that there is no country that has problems with export proceeds other than Sudan. However, he attributed the matter to leniency in taking the correct measures and enforcing the law, and Awadallah suggested that it would be many of the companies that do not report export revenues belong to the rebellious Daglo family or are fake companies.
He proposed to the Central Bank to enact a law deducting the proceeds that come from the relevant bank’s reserve. He stressed that export proceeds greatly affect the national economy. As he reviewed the export records, he pointed out that the export records confirm the existence of gaps in the export management of the Ministry of Commerce.