A case of so-called “embezzlement” in the rural commune of Tangaly in Tougué prefecture has fuelled debates and comments for a few days. In fact, the amount allocated by the National Community Financing Agency (ANAFIC) for the construction of the Tangaly Youth House, which amounts to 63,816,600 GNF, was doubly withdrawn from the local account domiciled at the BCRG Regional Agency (Central Bank of the Republic of Guinea) in Labé, according to Guineenews

Meeting with Guineenews, the head of the BCRG Labé agency, El hadj Tanlatou Diallo, acknowledged that there was a problem. “We received a check issued by the municipality of Tangaly in the amount of 63,816,600 GNF in telecompensation as there was an anomaly on the check, the check was rejected... But when the check was represented, the amount went into a pending account, because it had already been rejected. What I am telling you here happened in June. Now in August, they have issued another check. The rural municipality of Tangaly issued a check for the same amount. This time, instead of putting the order of the company, that is, for the legal entity that is the company, they issued the check in the name of a natural person who came to our counter, we checked the balance and saw that the balance could cover the check, we paid it in due form,” he explains

Following this transaction, the first check would also have been released at the BCRG level, according to El Hadj Tanlatou Diallo, according to El Hadj Tanlatou Diallo. “Now, at the end of the year, as the amount of the check that had been represented was on a pending account, the writing reappeared. So we debited Tangaly's account again. Therefore, when Tangaly's account was debited, he became fully debtor because the amount that was at the level of the balance was 70,238,651 GNF. Now when the check for 63 million has passed, the check that we paid at our counter has passed, there are 6 million and a few left. Then, the check that was now rejected and represented at the platform level, when the people who manage it removed the amount from the outstanding account, they debited Tangaly's account and the account became fully debited. So that's what happened at the central bank,” said its manager.

“Now if we are told that there was embezzlement; that's what they know we don't know because both checks went through and the amount to cover both checks was 70 million, that was not possible. So it's who caused Tangaly's account to become debtor. So, when we received the ANAFIC grant for Tangaly, the first thing was to cover the debit and that's what the central bank had to do,” insists El Hadj