A United Nations report obtained by VOA said Somalia's transitional government is so deeply corrupt that it is essentially ruled by a popular Somali phrase - "What's in it for me?"
The U.N. Monitoring Group on Somalia and Eritrea
suggested rampant theft of public funds is behind efforts by some political leaders to "hijack or derail" the ongoing transition process.
The mandate for the U.N.-backed government is due to end in August. Most of the government's funding comes from the U.N., United States and European Union.
The report said 70 percent of money donated never made it into public coffers in 2009 and 2010.
It said that in 2011, nearly one-quarter ($12 million) of all government expenditures were "absorbed" by the offices of president Sheikh Sharif Sheikh Ahmed, prime minister Abdiweli Mohamed Ali and parliament speaker Sharif Hassan Sharif Adan.
The office of the prime minister rejected the allegations as "absolutely and demonstrably false."