The national financial information processing unit has accused the company Global Metal Trade of money laundering and tax evasion in the amount of 2 billion CFA francs and tax evasion linked to the iron trade.

Le directeur de According to reports, Global Metal Trade has opened a current account for GMT in the books of a local bank. Cash payments made to the account reached a total amount of 2 billion, while the company did not currently have a site for its business, which would be the import of iron. CENTIF identified inconsistencies related to the operation of the account following a comparison of the price per ton of iron between 2020 and 2021, which rose from 450,292 francs to 570,000 CFA francs. According to Centif, the gains obtained with this significant increase in the price of iron were not enough to justify the funds received in this account