The Documents section of BlogGuinée now includes “Buried Secrets. How Beny Steinmetz, an Israeli billionaire, wrested control of one of Africa’s biggest prizes,” a 2013 New Yorker report on the Simandou iron deposit concession scandal.
During his first term in office, President Alpha Condé tried to dismantle the mining sector networks of corrupt intermediaries he found in place in 2010. And, — with help from George Soros, Tony Blair, etc. — he fought Beny Steinmetz tooth and nail.… And his government has revoked the license of BSGR, the Israeli billionaire’s company.
Read (a) Soros Enmeshed in Bribery Scandal in Guinea
(b) Guinea Mining. Exploiting a State on the Brink of Failure
(c) Mining and corruption. Crying foul in Guinea
(d) High noon at the Guinea corral
(e) La belle Mamadie et les rapaces du Simandou
(f) Frenchman Cilins gets two years in U.S. prison for role in Guinea mine scandal
However, Mr. Condé’s policy and actions resulted only — and intentionally— in the replacement of previous go-betweens and “crooks” with his own henchmen —his son included. That’s the preliminary — and valid — assessment from ongoing investigations against hedge funds giant Och-Davis by federal prosecutors in New York.
In other words, for Guinea, the more things change, the more they remain the same. Consequently, the country’s situation keeps worsening, and the corruption and poverty get deeper.
Between Ahmed Sékou Touré (1958-1984), Lansana Conté (1984-2008), Moussa Dadis Camara (2009-2009), Sékouba Konaté (2010), and the sitting president, Alpha Condé, it’s Bonnet blanc et Blanc bonnet or “it’s six of one and half dozen of the other.”
Tierno S. Bah