Somalia has warned that corporations recognizing Somaliland as an independent state would be met with some penalty. Tensions between Somalia and Somaliland escalated further when Ethiopia signed an MoU with Somaliland, recognizing the country as independent. Since then, Somalia has gone on to repel the deal in an attempt to make it illegitimate. Somalia warns corporations against recognizing Somaliland as an independent state.Corporations with operations in Somalia must revise information to reflect Somaliland as part of Somalia by September 1st.Somalia threatens penalties for organizations th…