The Carter Center welcomes Gécamines financial statements and calls for practice generalization.
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The Carter Center is pleased to note Gécamines’ publication of its fiscal year 2020 financial statements on its website. Disclosure of these financial statements is a significant step forward in Gécamines’ transparency and accountability process. Assuming that the published data is accurate, these financial statements are supposed to provide exhaustive and detailed information, in particular on the revenues generated by Gécamines and their use in order to allow Congolese citizens and civil society organizations to exercise good control. citizen on the management of this important state enterprise.
“We encourage Gécamines to maintain this good practice of transparency which falls within the spirit of the EITI Standard and the provisions of the revised mining code of the DRC,” said Fabien Mayani, Director of the Extractive Industries Governance Program at the Carter Center in DRC. “We also invite other companies in the State Extractive Sector Portfolio to disclose their financial statements at the end of each fiscal year,” he
continued.
The Carter Center and its civil society partners have advocated extensively for the disclosure of financial statements of state portfolio companies, especially after the release of the Carter Center State Affair report in 2017, which examined significant revenues. obtained by Gécamines through asset sales and joint venture partnerships. To better understand all the transactions made over the past decade, we call on Gécamines officials to also disclose the financial statements for the years 2010 to 2019. Transparency and accessibility to information are essential for accountability, prevention of corruption and the improvement of corporate governance in the State Portfolio in the DRC.
The Carter Center invites Congolese citizens and civil society organizations to thoroughly analyze Gécamines’ disclosed financial statements and engage in a public debate on the findings of their analyzes.
The Carter Center
“For Peace, Against Illness, Towards Hope”
As a non-profit, non-governmental organization, The Carter Center has helped improve the lives of people in more than 80 countries by resolving conflicts, promoting democracy and human rights, and fostering economic opportunities, preventing disease, and improving
psychological health services . The Carter Center was founded in 1982 by former United States President Jimmy Carter and former First Lady Rosalynn Carter, in partnership with Emory University, to promote peace and health around the world.
