Friday, July 21, 2017

DR Congo loses $750m to corruption and mismanagement | DR Congo News

The Democratic Republic of Congo is losing a fifth of all of mining revenues because of corruption and mismanagement, a campaign group has said. In a report published on Friday, Global Witness said at least $750m paid by companies to the Congo’s tax agencies and state-owned mining company Gecamines disappeared between 2013 and 2015. At least some of the funds were distributed among corrupt

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