Jean Claude Muyambo Kyassa warns of “repeated fund diversions within the Gecamines”
“There’s diversion to The Gécamines. We want to know where the money from this company is going. Panda and Shituru’s releases to Likasi brought in $300 million, according to the World Bank. The assessment had already been made. Surprisingly, Gecamines received only $40 million, and the rest of the $260 million lost in the wild. This is where Albert Yuma must tell us the truth,” Jean Claude Muyambo Kyassa told reporters on Monday.
For Jean Claude Muyambo, the managers of Gecamines have orchestrated several financial transactions through parallel accounts that have not benefited the company or the workers in any way.
“They created parallel accounts within the company. As proof, Gecamines has its own account and its leaders have another parallel account. This is deplorable and constitutes a shortfall for the country. From 2017, according to our information, Gecamines has collected $600 million from its partners who operate its sites. All this money has been squandered and has no traceability,” he continued.
The Congo collective is not for sale had opposed the sale of STL’s assets to Gecamines, arguing in particular that the executives of this public company are the subject of legal proceedings in courts and tribunals.
