Search
  1. Home
  2. Africa
  3. DRC
  • News

Bemba warns Wamba over bank deal

    NAIROBI

    Jean-Pierre Bemba, leader of the rebel Mouvement de liberation du Congo (MLC) on Saturday warned Ernest Wamba dia Wamba of the rebel RCD-ML (Rassemblement congolais pour la democratie - mouvement de liberation) against taking US $16 million in "development aid" from the First International Bank of Grenada, agreed last month. Bemba cast doubt on the Grenada bank's backers and said the trade concessions amounted to "selling the country's sovereignty", the Ugandan semi-official 'New Vision' newspaper reported on Monday. Bemba singled out a clause in the RCD-ML deal with First International on the establishment of the 'African Union Reserve Bank' and asked: "How will you say you are in control of the
    country when you cannot control the central bank. If you sell the central bank, doesn't that mean you have sold the sovereignty of your country?"

    This article was produced by IRIN News while it was part of the United Nations Office for the Coordination of Humanitarian Affairs. Please send queries on copyright or liability to the UN. For more information: https://shop.un.org/rights-permissions

    Share this article

    Our ability to deliver compelling, field-based reporting on humanitarian crises rests on a few key principles: deep expertise, an unwavering commitment to amplifying affected voices, and a belief in the power of independent journalism to drive real change.

    We need your help to sustain and expand our work. Your donation will support our unique approach to journalism, helping fund everything from field-based investigations to the innovative storytelling that ensures marginalised voices are heard.

    Please consider joining our membership programme. Together, we can continue to make a meaningful impact on how the world responds to crises.

    Become a member of The New Humanitarian

    Support our journalism and become more involved in our community. Help us deliver informative, accessible, independent journalism that you can trust and provides accountability to the millions of people affected by crises worldwide.

    Join