Exclusive: Suspected arms dealers moved millions in Somali money transfers, report says

FILE PHOTO: Somali Puntland forces display weapons seized in a boat on the shores of the Gulf of Aden in the city of Bosasso, Puntland region, Somalia September 23, 2017. REUTERS/Abdiqani Hassan

NAIROBI (Reuters) - Somali money transfer companies moved more than $3.7 million (£2.8 million) in cash between suspected weapons traffickers in recent years, including to a Yemeni under U.S. sanctions for alleged militant links, according to a report seen by Reuters.

The findings by a Geneva-based research group, the Global Initiative Against Transnational Organized Crime, could further complicate attempts by Somali transfer companies to retain access to international banking services.