{"id":276415,"date":"2011-02-22T10:26:49","date_gmt":"2011-02-22T10:26:49","guid":{"rendered":"http:\/\/www.ghanamma.net\/2011\/02\/22\/junta-has-left-guinea-bankrupt\/"},"modified":"2011-02-22T10:26:49","modified_gmt":"2011-02-22T10:26:49","slug":"junta-has-left-guinea-bankrupt","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2011\/02\/22\/junta-has-left-guinea-bankrupt\/","title":{"rendered":"Junta has left Guinea ‘bankrupt’"},"content":{"rendered":"
\n
\n \t\t
\n 22 February 2011<\/span>
\nLast updated at <\/span>05:26 ET<\/span>
\n<\/span><\/p>\n

Guinea’s President Alpha Conde has told the BBC the military junta that held power before he was elected has left the country bankrupt.<\/p>\n

Mr Conde said the army leaders had spent more money in two years than in the 50 years from independence in 1958.<\/p>\n

“It was like they were printing money as if there was no tomorrow,” he said.<\/p>\n

In December, Mr Conde, a veteran opposition leader, was declared the winner of Guinea’s first democratic election in 52 years.<\/p>\n

He took over from the military junta that had seized power in December 2008 on the death of the previous president, Lansana Conte, who had ruled for 24 years.<\/p>\n

The junta, initially headed by Capt Moussa Dadis Camara, promised to end corruption.<\/p>\n

Naming and shaming<\/span><\/p>\n

“Under the military council, more money was spent than from 1958 until the death of Lansana Conte,” President Conde told the BBC’s French Service while on a visit to Senegal.<\/p>\n

The Guinean leader said that his country’s economy was in tatters.<\/p>\n

“There is no agricultural production. The customs officers have not been paid. We have inherited a country but not a state,” he said.<\/p>\n

The BBC’s Alhassan Sillah in the capital, Conakry, says the government has recently issued a list naming and shaming debtors who owe the state money.<\/p>\n

The list, including multinational mining companies and politicians, was printed in newspapers and aired on television a few days ago, he says.<\/p>\n

The finance department says about $128m (\u00a379m) is owed to the state since Mr Conte died.<\/p>\n

Guineans are among the poorest people in West Africa, despite the fact that the former French colony is the world’s leading exporter of the aluminium ore bauxite.<\/p>\n<\/p><\/div>\n<\/div>\n

\"EnvisionStar<\/a><\/center><\/p>\n

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See original here:
\nJunta has left Guinea ‘bankrupt’<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

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