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CRIEF: Souleymane Traoré sentenced to 18 months in prison with an 11-month suspended sentence

03/08/2023
Source : ORISHAS FINANCE
Categories: Companies

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The Economic and Financial Crimes Repression Court (CRIEF) indicted Souleymane Traoré, former managing director of the Road Maintenance Fund, with bribery of public officials, illicit enrichment and money laundering last Monday.

Souleymane Traoré has received 18 months in prison with an 11-month suspended sentence and must pay 2 billion fines and some of his bank accounts and their contents have been confiscated for the benefit of the Guinean state. Indeed, he was accused of having overbilled the Guinean State in the acquisition of the current headquarters of the Road Maintenance Fund (FER). In addition to the facts of corruption of public money, illicit enrichment and money laundering. Noted that the former managing director of the Road Maintenance Fund had five (5) bank accounts with colossal amounts in foreign currency and Guinean francs

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