Recap Of The Above Reports
In April 2023 Media Congo released an article showing the Congo Study Group (GEC) and Ebuteli survey, with the Bureau d’études, de recherche et de consulting international found that the level of corruption has not changed. They found, in some cases the situation had got worse and that more than 77% of the public think that the country is affected by corruption.
In May 2023 the Frazer Institute ranked the DRC 82nd out of 83 countries for attractiveness to investors in the mining sector. Also in May 2023 four of the DRC's main opposition politicians wrote to the IMF, World Bank and African Development Bank, asking them to conduct an audit of their funds in the Congo because they suspected misuse.
In June 2023 the DRC's own National Business Climate Barometer (BNCA) involving 403 companies gave it a 37% success rating. Also in June 2023 the DRC was excluded from the list of investments of the French mining group ERAMET, sighting corruption in the DRC.
In July 2023 non-compliance and flagrant violations of the DRC Mining Code were reported and Congolese civil society organizations and platforms specializing in mining issues (Justicia Asbl, LICOCO, RND Asbl, POM, MDR, GANVE, CDH, ESPOIR ONG, RCEN, CERN / CENCO, TPRDC, MAX IMPACT) have all shown concern.
Also in July 2023 an article in the Africa Report on 4 July shows that a bill for sanctions against corruption in minerals trafficking in the DRC has been introduced in the US. With the appalling working conditions present in the DRC mining sector, and extremely opaque business climate that exists throughout the country, the bill aims to counter these abuses and calls for sanctions, including asset blocks on persons found to have facilitated child and forced labour in the DRC mining sector "including any official of the government of the DRC".
But the corruption was not just in the government and mining sectors, it's in other sectors such as the legal system, administration, police and infrastructure. The DRC's own Inspector General of Finance recently stated over 145 thousand cases of civil servants and agents of the state had committed forgery and massive fraud.
Actualité - C’est un manque à gagner pour le Trésor public de l’ordre de 148.999.749.440,95FC mensuellement, soit 64.782.499 USD au taux de 2300FC que l’Inspection générale des finances a déniché dans la paie des fonctionnaires et agents de l’Etat. Les conclusions du rapport de sa mission...
scooprdc.net
Par Kiki Kienge C’est le rapport publié par l’Inspection Générale des Finances en conclusion de l’enquête l’audit du fichier de la paie des agents et Fonctionnaires de l’État, s’est concentré…
kongopress.com
Corruption in the DRC remains
The DRC continues to invite companies to invest in projects & once developed, removes their rights and sells them to Chinese companies.
Cominiere continues to operate under the protection of the DRC government, which has ignored and changed its own laws both legislative (mining code), and contract law (JV), and allowed state companies like Cominiere to continue to commit illegal fraud and seize foreign company's projects and licences from them.
International Investors
1) Pay for exploration permits
2) Spend millions developing the projects
3) Create jobs for local workers
4) Build accomodation for local workers
5) Pay to build the mine and infrastructure
6) Negotiate off-take agreements
7) Arrange financing for construction
8) Incur the costs related to the above
Felix Tshisekedi talks about win-win contracts and is asking countries to invest $30 billion in the DRC's battery metals industry, suggesting it could be worth $7 trillion by 2040. He insists the DRC will control the entire chain of investment in minerals including the finance, production and processing and sale of the final product, but the corruption in the mining sector is clearly demonstrated by bribes and fraud in the case of Cominiere’s Celestin Kibeya Kabemba taking the bribes from Zijin and seizing AVZ Minerals’ Dathcom lithium project at Manono. Read the AVZ Minerals story
Since 2017 in the DRC, AVZ Minerals has spent over $140 million on Acquiring Equipment for Infrastructure, Soil Sampling, Field Mapping, Consulting, Drilling, Metallurgical Testing, Completing a FEED Study, Environmental Study and Impact Assessment Reports including Groundwater Management, a 160...
thestockexchange.com.au
The most alarming feature to come out of the 2023 Battery Metals Forum was how much corruption there is in the DRC mining and investment sectors. Now the DRC is again asking other countries to invest $30 billion in its projects even when there are ongoing arbitration disputes involving the ICC and ICSID due to Cominiere’s illegal termination of the joint venture contract with AVZ Minerals, seizing of the Manono lithium project and illegal sale to China’s Zijin Mining
DRC Requires a Minimum of $30 Billion for Electric Battery Industry Development - Copperbelt Katanga Mining
Financial patrol: The IGF flushes out in industrial quantities duplicates, forgers and cheaters among civil servants and agents of the State! - Scoop DRC (scooprdc.net)
778 million $US per year embezzled from the salaries of agents and civil servants of the State according to the IGF - Kongo Presse
DRC: 7 institutions including the Presidency, the Prime Minister and the National Assembly show budget overruns of more than 100% | Politico.cd
https://static1.squarespace.com/sta...f+DRC+Mining+Assets+by+COMINIERE+SA+-+ENG.pdf
The corruption and bribes of DRC mining company Cominiere and Chinese company Zijin Mining
Investors, mining companies, battery maker’s and EV manufacturer’s around the world know the story of AVZ Minerals and how Cominiere illegally seized the Manono lithium project from Dathcom and sold it to Chinese Zijin Mining
AVZ spent $140 million developing the Manono project before Cominiere took a bribe from Zijin and went about seizing the project, all under the watchful eyes of the President, Minister of Mines and the Mining Cadastre.
Cominiere continues to violate the ICC and ICSID interim orders. Follow the links below to see the evidence and read the facts
1. The AVZ Minerals Story
2. Cominiere being bribed by Zijin Mining
3. The IGF Report detailing the corruption
4. First ICC Rulings against Cominiere
5. Second ICC Rulings against Cominiere
6. The ICSID Interim Orders against Cominiere
7. The ICC Ruling against Jin Cheng
8. The money Cominiere owes in penalty’s
https://static1.squarespace.com/sta...f+DRC+Mining+Assets+by+COMINIERE+SA+-+ENG.pdf
https://announcements.asx.com.au/asxpdf/20230508/pdf/05pgtwvs1482j9.pdf
https://announcements.asx.com.au/asxpdf/20231117/pdf/05xgd2s91x97y0.pdf
https://static1.squarespace.com/sta...+AVZ+Successful+in+ICSID+Interim+Measures.pdf
Calculates the amount of penalties the DRC has incurred since the first & 2nd violation of the ICC court ruling
drc-icc-penalty-counter-2.netlify.app
https://static1.squarespace.com/sta...s+Against+Jin+Cheng+ICC+Proceedings+-+Eng.pdf
Reports showing Cominiere’s other Board of Directors Lisette Tshibwabwa Kabanga and David E’ngazi (who are protected by the President and Minister of Mines) also took bribes from Zijin, shown in the links
31/07/2023 Lithium: the COMINIERE and the Congolese State paid US$1.6 million for the lobbying of Lisette Tshibwabwa Kabanga "Lisette Kabanga Tshibwabwa justified in particular the legality of lobbying in Congo" NEWSECONOMY Lithium: the COMINIERE and the Congolese State paid US$1.6 million...
thestockexchange.com.au
19/04/2024 Lithium: the intriguing transformation of $ 70 million from Zijin Mining to an NGO As part of its partnership with La Comminière, a subsidiary of the Chinese mining Zijin paid an important contribution to a mysterious Congolese NGO, whose president is himself a public company...
thestockexchange.com.au
The DRC Inspector General of Finance Report showing Cominiere and Zijin’s illegal and fraudulent actions and other examples of corruption in the DRC
https://static1.squarespace.com/sta...f+DRC+Mining+Assets+by+COMINIERE+SA+-+ENG.pdf
https://congominespdfstorage.blob.core.windows.net/congominespdfstorage/Rapport-IGF-sur-COMINIERE-S-A-6387826ba915e (1).pdf
https://www.theafricareport.com/165...ug-of-war-on-defining-financial-mismangement/
According to the findings of an audit of the government's payroll, the IGF noted numerous irregularities, with tens of thousands of fictitious employees.
www.africanews.com
The violations of Cominiere and Zijin’s Manono Lithium against the International Chamber of Commerce (ICC) and International Centre for Settlements of Investment Disputes (ICSID) orders
17/11/2023
https://announcements.asx.com.au/asxpdf/20231117/pdf/05xgd2s91x97y0.pdf
10/01/2024
Manono: The suspension of Manono Lithium's activities is being debated The Governor of the Province of Tanganyika suspends the career activities of the mining company ManonoLithium for an...
thestockexchange.com.au
The violations of the DRC Cadastre Miniere (CAMI) against the International Chamber of Commerce (ICC) and International Centre for Settlements of Investment Disputes (ICSID) orders
In violation of the orders of the ICC and ICSID, the DRC Cadastre Miniere (CAMI) granted the Mining License application to Manono Lithium and then granted Manono Lithium the full Mining License without even having produced Feasability, Sustainability or Environmental Reports
The false communique of the DRC Ministry of Mining and it’s protection of Cominiere and Zijin
Budget overruns since Felix Tshisekedi became president resulting in public debt crossing the USD $10 Billion mark in 2024
Budget overruns in 2022 in the Democratic Republic of Congo reached more than 28%. The impacts of these excesses on the country's economy are worrying, ranging from the imbalance of public finances to the questioning of transparency in the management of public affairs. These overruns could...
eng.fatshimetrie.org
DRC: 7 institutions including the Presidency, the Primature and the National Assembly accuse budget overruns of more than 100%
According to the Minister of Finance, Nicolas Kazadi, the budget overruns concern operating expenses including 7 institutions and 22 ministries charging execution rates above 100%. These are the Presidency 190%, the Primature 132%, the National Assembly145%, the Senate 184%, the General Secretariat of the Government 257%, the CENI 145%, the Court of Auditors 126%, Foreign Affairs 401%, Interior and Security 183%, Defence and Veterans Affairs 249%, National Economy 100, 83%, Finance 182%, Budget 334%, Justice 202%, Relations with Parliament 132%, Health 124%, EPST 107%, ESU 113%, Agriculture 141%, Industry 334%, Foreign Trade 138%, Communication and Media 130%; Land affairs 216%; Environment 371%, Sports and Leisure 288%, Regional integration 155%, Humanitarian actions 627%, Customary Affairs 102%, Spatial Planning 365%. by
Writing Kinshasa September 28, 2023
En continu | Dans un débat houleux à l'Assemblée nationale, ce mercredi 27 septembre, sur le projet de loi portant reddition des comptes exercice 2022, il a été
www.politico.cd
In the Democratic Republic of Congo (DRC), a non-governmental organization is sounding the alarm over budgetary governance characterized by a "scandal and
weafrica24.com
Channel Africa is an International Radio station whose mandate is to support South Africa's Foreign Policy enshrined in the Department of International Relations and Cooperation's - Vision and Mission and contribute to the development of Africa, support peace, democracy and good Governance...
web.sabc.co.za
https://www.reuters.com/world/afric...t-awarded-opaque-contracts-report-2024-01-15/
La dette publique de la RDC a dépassé le cap de 10 milliards USD en cinq ans, ont révélé dimanche 7 avril des sources à la Direction générale de la dette publique (DGDP). Pourtant, cette dette publique était réduite en 2010 de 14 à 3 milliards de dollars et maintenue à 3 milliards jusqu’en 2019...
www.radiookapi.net
