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Portuguese team to audit Central Bank

    ABIDJAN

    A team of Portuguese experts which arrived on Tuesday in Sao Tome and Principe was scheduled to begin on Thursday an audit of the island nation’s central bank, Lusa reported.

    The team was called in by the government after a series of financial scandals at the bank related, among other things, to the issuing of treasury bonds and the embezzlement of US $1 million in late 1998 and early 1999, Lusa said.

    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

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