Sudan dissolves Central bank board

A Sudanese legal committee has dissolved the boards of the country’s central bank and 11 other state-owned banks under a law that aims to dismantle the regime of toppled president, Omar al-Bashir.

The country’s Empowerment Removal Committee has also dismissed  the managers of eight of the banks.

The country’s  central bank governor, Eldin Abdelrahim, remains in his post while new boards will replace the dissolved ones soon.

Sudan in November, passed a law to dismantle the system built by Bashir, who was ousted in April after nearly three decades in power.

Last month, the legal committee formed to apply the law seized the assets of Bashir’s now dissolved National Congress Party.

The committee has also dissolved the boards of nine government companies and institutions, and looks to appoint commissioners to run two private newspapers whose assets were frozen last month.


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