GABON OIL COMPANY ON ITS WAY TO LIQUIDATION? LA GABON OIL COMPANY SUR LA VOIE DE LA LIQUIDATION ?




English version

According to Africa Energy Intelligence, the Gabon Oil Company is in a precarious financial situation and the IMF has asked Gabon to liquidate that company. The IMF has even conditioned the disbursement of the next installment of loans that Gabon should receive on the liquidation of the Gabon Oil Company.





Version française

D’après Africa Energy Intelligence, la Gabon Oil Company est dans une situation financière exsangue et le FMI aurait demande au Gabon de procéder à la liquidation de cette societe.

Le FMI aurait même conditionné le déboursement de la prochaine tranche de prêts que devrait recevoir le Gabon, à la liquidation de la Gabon Oil Company.

Comments

Post a Comment

Popular posts from this blog

GAGAN GUPTA’S MASTERFUL TRICK! LA MAGISTRALE ENTOURLOUPE DE GAGAN GUPTA !

Image
English version In 2009, Olam market value collapsed, and its market share was valued at zero, worthless. A company by the name of Muddy Waters declared that Olam was heading toward bankruptcy. To keep Olam solvent, Singapore’ sovereign fund Tomasek, had to rescue them; but Olam knew they needed to bring in new sources of revenue. To do that, targeted Africa. Olam came to Gabon, linked itself with the Ali Bongo’s regime and made Ali Bongo’ son the second in charge at Olam Gabon. For every project that Olam started in Gabon, the country took huge loan that were funneled to Olam. For one such project, the building of a fertilizer plan in Port-Gentil by Olam, Gabon took out a 750 billion CFA francs loan that went 100% to Olam. The problem? The factory was never built. Who is left to repay the loan? The Gabonese people. Once Olam had established itself in Gabon and that all the money had been received from the Gabonese government, Gagan Gupta wanted to prevent Olam from
Read more