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Vol 50 No 20

Published 8th October 2009


Congo-Kinshasa

Mines, dollars and dams

A decade after the fall of Mobutu Sese Seko, the Kinshasa government is still plagued by grand corruption and its reform efforts look hollow

Several inconvenient facts are undermining President Joseph Kabila's ambitious 'zero tolerance' anti-corruption campaign. Recent reports highlight the failure of efforts to reform Congo's state and the continuing pillage of its mining industry by local and foreign interests. On 26 September, the Senate published a 122-page report on mismanagement in the mining business. Congo made just US$92 million from this key industry in 2008 but lost some $450 mn. through under-invoicing, tax evasion, smuggling, fraudulent contracts and poor accounting.

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