The Impact of Financial Accountability on Reducing Corruption in Mogadishu Somalia

ABSTRACT
The existing financial accountability of Mogadishu-Somalia is in poor condition.
Consequently, the paper intended to assess the impact of financial accountability on
reducing corruption in Mogadishu Somalia as a general objective the researcher
used purposive sampling techniques to choose sample in some of Somali Federal
Integrity Institutions, Questionnaires and field observation were used as data
collection instruments. The financial Institutions were found to have inadequate fiscal
infrastructure and insufficient facilities, both petty and grand forms of corruption are
prevalent in Somalia, with widespread misuse of state resources and disregard for
ethical conduct by public office holders. A nepotistic job culture, poor book and
record keeping and unclear internal procedures and regulations exacerbate
corruption challenges and create many opportunities for misusing public resources
for private gain. Unethical conducts and misuse of resources can range from
unnecessary and extravagant foreign travels to Western capitals to massive
mismanagement and misappropriation of state resources.
Finally, the researcher forwarded the possible mechanisms in which the problems
are solved. Giving awareness for the community, local resource mobilization, setting
appropriate rules and regulations and working closely the local government with
regional and federal government are among the possibilities that are recommended
in the paper.
Keywords: Financial Accountability, Corruption, Mogadishu-Somalia