Congo Brazzaville’s ‘First Son’ Laundered $50 Million Through Six European Countries – Report

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A new investigation by anti-corruption NGO Global Witness has discovered the apparent theft of more than $50 million in public funds from the Republic of Congo by Denis Christel “Kiki” Sassou-Nguesso, son of the country’s president, Denis Sassou-Nguesso. The resulting report alleges the younger Sassou-Nguesso, 44, laundered the money through a “complex and opaque corporate structure” spanning six European countries, the British Virgin Islands, and the US state of Delaware.

It’s far from the first time the nation’s first family has been accused of embezzling funds from their country’s treasury. In 2007, Global Witness fingered Kiki, a Congolese parliamentarian, as having spent “hundreds of thousands of dollars of money that may derive from sales of state oil on lavish designer shopping sprees in Paris, Marbella and Dubai.”

His sister, Claudia Sassou-Nguesso—also an elected member of Congo’s parliament—allegedly pilfered nearly $20 million in state monies to buy a condo in New York City’s Trump International Hotel & Tower, according to a Global Witness report released in April. (The Congolese government called the charges “fake news.”)

Read the original article here: qz.com


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