Le parquet Special to the Court for the Suppression of Economic and Financial Offences (CRIEF) published a statement last Monday according to which the Companies Alliance Minière Responsable (AMR) and La Guinéenne Des Mines (GDM) have been singled out for tax evasion.

AMR and GDM companies are accused of not having honored their tax obligations despite their bauxite mining activities in Boké Prefecture. According to the press release, the company AMR, founded by two French people, tried to evade its tax obligations by selling its shares to a company under Guinean law called AXIS MINING, for a symbolic euro. Also, the company GDM is accused of being in a state of cessation of activity in the field, in violation of the conditions for granting mining title, while remaining accountable to the

For this reason, the CRIEF Investigative Chamber in order to inform about these facts and to order the cessation of all exploitation on the sites concerned.