mardi 30 avril 2013

DRC natural resources review of Tuesday, 30 April 2013


"Cause of the temporary suspension of the DRC to the EITI, 88 million USD finally found"  with this title that the Observateur newspaper says that the traces of this amount has been recovered. The newspaper wrote: "We know a little more about 88 million U.S. dollars in mining royalties that were the basis for the temporary suspension of the Democratic Republic of Congo Initiative for transparency in the extractive industries ( EITI). Traces of this huge amount were found when the country is under banned. Evidence that the EITI has gone too fast. It is based on a provisional observation sheet issued by the General Inspectorate of Finance (IGF) and addressed to the DGRAD for reaction. This is the sheet that was unfortunately given to the EITI has published in a hurry. "
 The newspaper says that "this is the end of last week we learn of the Deputy Minister of Finance, Roger Shulungu, there has never been embezzlement, or lack of traceability of 88 million USD mining royalties. Indeed, during the last weekly meeting of financial authorities, the Deputy Minister of Finance said that the EITI "fell" on a provisional observation sheet issued by the General Inspectorate of Finance (IGF
.) This document was sent to DGRAD to react. Unfortunately, this observation sheet was sent to the EITI was published in the manner that we know. "

On the same issue the Potentiel newspaper reports that "DGRAD must still justify $ 27 million of the 88 million of mining royalties in Katanga." According to the tabloid, "Branch administrative revenue frontier, judicial and equity (DGRAD), accused of failing to provide proof of payment of USD 88 million in mining royalties reported in 2010 by extractive industries based in Katanga , has yet to justify $ 27 million after unveiling those 51 million. "
The newspaper reported that "at the end of the 16th meeting of the monitoring and evaluation of the revenue raised by the financial authorities, the Ministry of Finance provided Wednesday, April 24 in Kinshasa printing to minimize the impact of this case on the image of the Democratic Republic of Congo (DRC) at the international level in terms of "transparency" in the mining sector. In his opinion, "there has been no diversion of funds or lack of traceability of USD 88 million
mining royalty "by wearing the hat to the General Inspectorate of Finance (IGF) to have" issued a preliminary observation sheet addressed to DGRAD for reaction, which was unfortunately given to the EITI and published. "
Again citing Vice Minister of Finance, the newspaper writes. "Work is determined that this is not the amount one (88 million USD), which has not been traced to the Treasury But there is a gap means that will be eliminated and we will report to the EITI at the right time. "

According to the newspaper, the Deputy Minister regretted that a report outlining the non traceability of USD 88 million at the DGRAD was sent "in haste" to the International EITI "and led to the suspension of DRC "temporarily" for 12 months. In fact, the famous "average gap" is $ 27 million and nearly 270 million Congolese francs for which DGRAD is committed to provide proof of payment.

Until this issue is clearer, the Potential newspaper announced that "the National Assembly requires explanation Martin Kabwelulu about the inventory of mining companies and the exclusion of the DRC EITI." The daily explains that "the mining sector in the Democratic Republic of Congo concerns the people's representatives. KAMBINGA What drives Germain and Clement Kanku, two members of the Opposition to address oral questions with debate on the place of the Minister of Mines, Martin Kabwelulu". According to the newspaper, for Germain KAMBINGA Movement of Liberation of Congo (MLC), the Minister must tell the elected representatives why mines also contribute little to the state budget and must prepare the state inventory of mining companies. Clement Kanku, meanwhile, requires light on the suspension of the DRC to the EITI.

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