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Vol 45 No 15

Published 21st July 2004


Coming cleaner

The IMF has finally persuaded Congo to explain where all the money goes

After years of broken promises to the International Monetary Fund, President Denis Sassou-Nguesso has finally agreed to reveal how Congo's oil wealth is managed. An audit has been released of the murky state oil company Société Nationale des Pétroles du Congo (SNPC), controlled by two key presidential allies the Oil Minister, Jean-Baptiste Tati-Loutard, and SNPC Director Bruno Itoua (AC Vol 45 No 9).

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