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Opaque management of the Central Bank and Gecamines: Congolese justice opens proceedings

21/01/2025
Source : ORISHAS FINANCE
Categories: Compliance

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On Saturday, January 18, the Congolese Minister of Justice announced the opening of a judicial investigation. This opening took place following a damning report by the General Inspectorate of Finances (IGF) on the opaque management of the Banque Congo power plant and the Congolese mining flagship, Gecamines

.

Hundreds of millions of dollars are unrecoverable and the government wants to see things through. 315 millions de dollars d' avances fiscales de la Gecamines entre 2012 et 2020 dont The IGF is unable to trace. D'autres sont des millions de dollars retirés en liquide auprès des banks

before disappearing without a trace.

Le cas de 16 millions de dollars retirés en 2018 d' un compte de la Bank central bank housed at Rawbank by a director of the financial institution for expenses of sovereignty based on a simple verbal order from the presidency. There are also nearly $10 million withdrawn in cash by another director at the banque . À la Gecamines , financial inspectors are unable to trace some 15 million dollars dislodged from the account of undertaken for an exceptional contribution to the State budget. Funds that have never been traced, according to the IGF

.
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