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
English version As Gabon's ongoing transition unfolds, it becomes clearer who is likely to be pulling the strings. Brice-Clotaire Oligui-Nguema, having been Omar Bongo's aide-de-camp for many years, was therefore a privileged witness of the functioning of Gabon. Now that he is at the head of the transition, he surrounds himself with many people from the time of Omar Bongo. The most important of these is Michel Essonghe, who seems more than ever to be Oligui-Nguema's guide. It was Michel Essonghe who is said to have prepared Brice-Clotaire Oligui-Nguema's visits to sub-regional capitals. It is also Michel Essonghe who is responsible for the return of General Flavien Nzengui Nzoundou, who was Omar Bongo's ordinance officer, to the government of Brice-Clotaire Oligui-Nguema. It was also Michel Essonghe who had Guy Rossatanga-Rignault appointed Secretary General of the Presidency of the Republic. It is therefore Michel Essonghe who is
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