legal repercussions in France, Switzerland and

Based on the analysis of millions of leaked banking documents and financial transactions, the extensive international Congo survey in December last year revealed the names of those alleged to have participated in the embezzlement of the Democratic Republic of the Congo’s riches. French, Belgian and Swiss courts have since launched investigations.

In Belgium, the investigation is aimed at “corruption”. businessman Philippe de Moerloose. This is one of Belgium’s 100 largest assets and leads the companies SDA Holding and African Equities, specializing in the distribution of agricultural equipment and public works.

Philippe de Moerloose is said to have overcharged equipment, for a total amount of 740 million dollars to the then president Joseph Kabila’s DRC. On June 14, Belgian anti-corruption officials raided three homes of the rich businessman and three of his companies.

$ 19 million The name of the Belgian businessman was also quoted in Switzerland. Three NGOs have filed a criminal report with the federal prosecutor’s office. According to the revelations of Congo Hold-up, Philippe de Moerloose would have received $ 19 million of dubious origin in his accounts in Zurich and Geneva opened in the Swiss bank UBS. The latter is suspected of being involved in the laundering of Congolese public funds embezzled by the Joseph Kabila clan.

The French National Prosecutor’s Office has meanwhile launched an investigation into flows deemed “suspicious” between the subsidiaries of the Congolese bank BGFI and France. In addition, two whistleblowers and former BGFI employees, Jean-Jacques Lumumba and Guylain Luwere, the right to sue the Congolese bank in France. Both men are said to have been intimidated after reporting illegal activities within BGFI 2016.

► To read also: DRC: justice opens a case against Sud-Oil and Egal after the Congo Hold-up investigation

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