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Top Gabonese Aide Resigns Over Bank Probe

A top aide to Gabon's new President, Ali Ben Bongo has resigned after being named by the media, as implicated in an investigation into about forty million Euros of losses at the Bank of Gabon, Central Africa.

Bongo's cabinet director, Jean-Pierre Oyiba was named as one of several officials to have allegedly benefited from the bank, which issues the currency of the Central African Franc zone.

BEAC member states had pledged in September to investigate the nature of the losses made by the bank, where an auditing committee is already investigating alleged embezzlement of finances during the 2004-2008 period.

At his first cabinet meeting since taking over from his late father, Ali

Ben Bongo last month, recalled BEAC head, Philibert Andzembe, had promised to arrest any Gabonese official implicated in the affair.

The BEAC defines monetary policy for the mainly oil-producing states of Gabon, Equatorial Guinea, Cameroon, Central African Republic, Chad and Congo Republic.

 

REUTERS/Yinka

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