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High profile public funds Scandal

RECOVERY OF STOLEN PUBLIC FUNDS IN GUINEA

CONAKRY, GUINEA — Col. Mamady Doumbouya descends on corrupt former Defence Minister Dr. Mohamed Diané , confiscating his properties and freezing his bank accounts for embezzling public funds.

The military government in Guinea which deposed the government of Alpha Conde in popular uprising, has reportedly tracked down a suspicious US$1.2billion riches belonging to the Defence Minister..

According to the report, Dr. Mohamed Diané was also in charge of Presidential Affairs and has come under corruption inquiry over mysterious personal enrichments summing up to $1.2 billion. The Minister is also one of numerous high profile officials under Condé's regime.

The National Committee for Rally and Development (CNRD), led by the unwearied Colonel Mamady Doumbouya has reportedly announced it has built a dossier on Diane’s gain into public office with the unscrupulous greediness of personal enrichments comprising of US$60 million in cash obtained from his basement.

The minister is believed to own 47 Villas and 53 buildings. The junta announced and indicated to the whole wide world that investigations are ongoing to apprehend anybody found guilty of looting public funds.

Below is the statement:

“We are delivering here the dossier that we have just completed on the case of the former Minister of Defense and in charge of presidential affairs, Doctor Mohamed Diané. Here are the elements identified…” a message said to have been intercepted from the junta read.

The list given includes, “US$ 60 million (600 billion Guinean francs) cash collected in the cellar of his home; 75.8 kg of 22-karat gold worth nearly 40 billion Guinean francs; 17 2-carat diamonds worth nearly 10 billion Guinean francs; 47 villas between the Camayenne district and Kagbélén and – 53 buildings: including 35 in Conakry, 4 in Kindia, 7 in Kankan, 3 in Labé, 4 in N’Zérékoré”

Others are, “18 new luxury cars; 75 bare plots in Conakry, 200 hectares in Dubréka; 1500 hectares in Forécariah; 2000 hectares in Kankan; 7 hotels; 25 bread ovens; 7 bottled water production plants and 16 poultry farms with more than 2 million chicks in total.”

The message added that “All this for a total of $ 1.2 billion”. According to the received message, several Conde appointees are being vigorously investigated for corruption and latest developments indicate that overwhelming evidence had been found against them.

//COURTESY NEWS//

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