5 individuals in preventive detention on suspicion of

Senior officers working at Cnaps, the National Social Insurance Fund, in different phrases the AP Fund, together with its director normal, have been positioned in preventive custody in a single day from Tuesday to Wednesday. They are suspected, amongst different issues, of embezzlement by BIANCO, the National Anti-Corruption Bureau.

with our correspondent in Antananarivo, Laura Verneau

The director normal of Cnaps, the president and three board members are at present beneath arrest at Antanimora’s jail in Antananarivo.

The accusations are heavy: embezzlement of public funds and participation, abuse of workplace, conflicts of curiosity, unlawful items of cash laundering.

Also learn : monetary scandal inside the National Social Insurance Fund in Madagascar

The Public Prosecutor at PAC, the anti-corruption pole, explains that “the primary investigations by the National Anti-Corruption Office, Bianco, revealed suspicious actions within the defendants’ financial institution accounts, with a sale of land at an unreasonable worth granted by the CEO, and in the times after the sale commissions amounted to 200,000 million ariary every.

The PAC is now persevering with its investigations till the trial, based on the process.

Apart from this sale of land, Cnaps additionally made a mortgage in January 2021 of 11 billion ariary to CUA, the Urban Commune of Antananarivo. On Wednesday, the mayor of the capital publicly acknowledged this mortgage from the AP Fund, however defended himself from all illegalities concerning the process for this mortgage. This mortgage refers back to the acquisition of an organization, which has since turn into Kommunala Digitala Förvaltningsbolaget, which manages automobile parks and automobile parks within the capital.

At this stage, the PAC has not but been seized, the Minister of Justice specifies, however Bianco has initiated an investigation on this case.

Last 12 monthsthe previous director normal of this public facility and a former prime minister have been sentenced to 10 and 5 years in jail respectively for embezzling thousands and thousands of euros inside CNAPS between 2010 and 2018.

Also learn : Corruption Perception Index: Madagascar ranks 147th out of 180

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