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Gabon: BNP Paribas indicted for money laundering

25/05/2021
Categories: Companies

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The French bank BNP Paribas is suspected of having laundered tens of millions of euros of public money from Gabon. His indictment was pronounced by an examining magistrate of the financial center of the Paris court.

BNP Paribas was indicted on May 11 as part of the so-called "ill-gotten gains" investigation. According to AFP, the case concerns the luxury real estate purchased in France from the 1990s by the family of the late Gabonese President Omar Bongo, who died in 2009. This indictment of the first French bank was pronounced by a judge of instruction of the financial center of the Paris court in charge of the so-called "ill-gotten gains" investigation, which also and in particular relates to the heritage of the family of Denis Sassou Nguesso, President of Congo.

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