Keyword: Republic of Congo

The 'ill-gotten gains' French police found in Congo ruling clan's penthouse

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La valise découverte chez Edgard Nguesso, neveu du président du Congo-Brazzaville..  © DR La valise découverte chez Edgard Nguesso, neveu du président du Congo-Brazzaville.. © DR

In 2010, a French judicial investigation was opened into evidence that several African leaders and their families hold vast assets in France gained from embezzlement of the public funds of their countries. Among those targeted by the investigation, which was triggered by anti-corruption NGOs, is Republic of Congo President Denis Sassou Nguesso, head of what the World Bank classifies as one of the world’s ‘Heavily-Indebted Poor Countries’, where a quarter of children aged under five suffer from malnutrition. Mediapart has learnt of the details of a police raid on a luxury property close to Paris belonging to Nguesso’s nephew Edgard, where they found vast sums of cash, jewellery and watches and evidence that the multi-million-euro apartment is funded by an offshore company whose accounts are fed by the Congolese treasury. Fabrice Arfi reports.

When the ruler of one of the world's poorest countries led his family on a 7.7M-euro Paris shopping spree

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Denis Sassou Nguesso en 2009.  © Reuters Denis Sassou Nguesso en 2009. © Reuters

Mediapart has gained access to evidence gathered by French police that establishes how Republic of Congo President Denis Sassou Nguesso and his family, whose country features on the World Bank’s list of ‘Heavily Indebted Poor Countries’, spent at least 7.7 million euros, mostly from Congolese public funds, during a four-year shopping spree in upmarket Paris stores on mostly jewellery, watches and clothes. Police have also partly established how the clan siphoned off Congolese state funds via a network of offshore companies. Fabrice Arfi reports.