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Chinese Embassy in DR Congo Dismisses State Auditor Report That Demands $17 Billion in Additional Infrastructure

by Eric Olander
STATEMENT TRANSLATION: We were astonished by the publication of the Chinese contract by the Financial Inspector General (IGF) of the DRC. We regret to note that the report, the content of which is full of prejudices, does not correspond to reality, cannot be considered as credible and has no constructive value.

The Chinese embassy in the Democratic Republic of the Congo blasted a report published late last week by the state auditor in Kinshasa that called for an additional $17 billion of infrastructure as part of a 2008 infrastructure-for-minerals deal.

In its report, the General Inspectorate of Finance (IGF) stated that the total value of the infrastructure in the Sicomines copper/cobalt deal should be increased from $3 billion to $20 billion.

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