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Vol 5 (AAC) No 12

Published 1st October 2012

Sierra Leone

The President’s new partners

Just before elections, President Koroma has signed several multimillion-dollar secret contracts with a troubled Hong Kong conglomerate

China International Fund, a Hong Kong-based outfit which works closely with Beijing’s state corporations, will become one of the Freetown government’s most privileged business partners following the signing in September of mining, building and land-lease contracts worth many hundreds of millions of dollars. President Ernest Bai Koroma’s signing of the contracts with CIF, which has a reputation for opacity and poor delivery in its African operations, so close to the 17 November elections will inevitably raise questions about the motives for the secret deals.

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