AVZ Discussion 2022

[Samus]

DRC: Jules Alingete invites Congolese to become whistleblowers of economic crimes​

Posted on Mon, 26/06/2023 - 05:43 | Modified on Mon, 26/06/2023 - 05:43

Jules Alingete Key, Inspector General of Finance, Head of Department. Photo Third party rights.

Jules Alingete, Inspector General of Finance, Head of Service, invites, in a press release, all Congolese to denounce economic crimes at all levels in the Democratic Republic of Congo. He launched this invitation in a press release published on Sunday, June 25, on the sidelines of the international day of whistleblowers, indicates a dispatch from the Congolese Press Agency.
" I call on all Congolese to become whistleblowers of economic crimes at all levels and to consider embezzlers as thieves in the same way as those who put their hands in the bags of others at the large market in Kinshasa", indicated the Inspector General of Finance, Jules Alingete.
He thanks the whistleblowers, whistleblowers and anonymous advisors who have revealed facts which, after investigation, have avoided economic disasters in the country.
“ Here at home, the embezzlers allow themselves to speak, when they have the opportunity to have acquittals I don't know how. Stop saying diversion. It's a very polite term. They should be called thieves, criminals. They mortgage the life of an entire nation. There is no correlation between corruption and development. The fight against anti-values is everyone's business ,” said Jules Alingete.
He asked them to combine patriotism with discretion in the face of criminal networks that are ready for anything.
“ For you, the objective is that the anti-values can be eradicated, that there is good governance and that the country can move forward. It should be done as discreetly as possible. We have reward mechanisms, through what we call the Secret Research Fund. But we don't want these rewards to come before patriotism. The priority is your concern to see your country move forward ,” urged Jules Alingete.

RDC : Jules Alingete invite les Congolais à devenir des dénonciateurs des crimes économiques

Jules Alingete, inspecteur général des Finances, chef de service, invite, dans un communiqué, tous les Congolais à dénoncer des crimes économiques à tous les niveaux, en République démocratique du Congo. Il lance cette invitation dans un communiqué publié le dimanche 25 juin, en marge de la...

www.radiookapi.net

 

[wombat74]

They will get smashed and embarrassed at ICSID, so much pointed evidence I feel like myself and MB could represent and still win. Word is Felix, MoM and Vital know this so lets see what sort of negotiated settlement pops up. Nigel and the team cannot be happy submitting depressing market updates for months on end surely

Surely Nigel would like to have something sorted before the AGM . In the mean time we have the Cath extension to look forward to . imo

 

[Frank]

Summit for a new global financial pact in Paris: during a round table organized by the AfDB, Prime Minister Jean-Michel Sama Lukonde calls for more investment in the DRC, particularly in the energy sector​

June 22, 2023 by COMMUNICATION CELL in NEWS

On the sidelines of the summit for a new global financial pact, which opened this Thursday, June 22, 2023, in Paris, capital of the French Republic, Prime Minister Jean-Michel Sama Lukonde took part in a presidential round table on the alliance for green infrastructure in Africa, “AGIA”, at the Palais Brongniart, organized by the African Development Bank (AfDB).

On behalf of the President of the Republic, Félix-Antoine Tshisekedi Tshilombo, Prime Minister Jean-Michel Sama Lukonde not only presented the opportunities offered by the Democratic Republic of Congo as a solution country on climate issues but also and above all, he called for more investment in the DRC, particularly in the energy sector, notably the INGA project.

“We want that alongside this structuring that you have made in terms of project support, we have more investors. Inga is a major integrating project. Initially we wanted a request of 13 billion. Today, the first sentence could ask for 7 billion. And so, we have private investors on the side, who can support us, so that we have the alternative in terms of energy for our populations. Who says energy, says water for these populations. And who says energy, says industries, agriculture, processing at the local level to improve the value chain, especially since we are involved in our role as a solution country, with minerals in the energy transition, in the manufacture of electric batteries. So there are high expectations on this side.

It should also be noted that "AGIA" is a coherent, inclusive and practical solution to accelerate the achievement of the net zero emissions objective. The objective of the alliance is to mobilize 10 billion dollars from the private sectors to finance green infrastructure in Africa.

The AfDB intends to raise $500 million for project preparation and development, which will catalyze targeted private investment of up to $10 billion for green and resilient infrastructure in Africa.

I wonder how easy people will give money to a fraudulent government of which JMS Lukonde is the PM!

The guy on the far right is the president of the Afr. Development Bank

*Fyi, I see where,

The Central Bank of Congo issues a treasury bond of 100 million USD

The government of the Democratic Republic of Congo has opened a Treasury bond market at the local financial level of nearly 100 million US dollars as a loan, read in the press release from the Ministry of Finance received on Saturday at the ACP.

“The government, through the Ministry of Finance, has opened up 100 million US dollars to the financial market.

To this end, bidders interested in this operation for the benefit of the Public Treasury are requested to present themselves at the headquarters of the Central Bank of Congo (BCC) on Tuesday, June 27, 2023 before 11 a.m. local time”, we read in the statement from the Ministry of Finance received Saturday at the ACP.

According to this press release, any subscription made after the time indicated will be rejected, specifying that this market has a duration of 2 years, with an interest rate of 10% per year.

The redemption date is set for Friday, July 27, 2025.

A Treasury bond is a debt security issued by the State and repayable at maturity.

In the Democratic Republic of Congo, it is the government that issues these debt securities through the channel of the Public Treasury.

When an economic operator or an individual buys a Treasury Bond, he lends money to the State and becomes, in a way, its creditor.

100% guaranteed by the government that issues it, the Treasury Bond is one of the safest investments on the money market.

mediacongo


Food for thought

Frank

 

[TDITD]

If you guys are looking for your next 'All in" mining investment

 

[Onthefm]

*Fyi, I see where,

The Central Bank of Congo issues a treasury bond of 100 million USD

The government of the Democratic Republic of Congo has opened a Treasury bond market at the local financial level of nearly 100 million US dollars as a loan, read in the press release from the Ministry of Finance received on Saturday at the ACP.

“The government, through the Ministry of Finance, has opened up 100 million US dollars to the financial market.

To this end, bidders interested in this operation for the benefit of the Public Treasury are requested to present themselves at the headquarters of the Central Bank of Congo (BCC) on Tuesday, June 27, 2023 before 11 a.m. local time”, we read in the statement from the Ministry of Finance received Saturday at the ACP.

According to this press release, any subscription made after the time indicated will be rejected, specifying that this market has a duration of 2 years, with an interest rate of 10% per year.

The redemption date is set for Friday, July 27, 2025.

A Treasury bond is a debt security issued by the State and repayable at maturity.

In the Democratic Republic of Congo, it is the government that issues these debt securities through the channel of the Public Treasury.

When an economic operator or an individual buys a Treasury Bond, he lends money to the State and becomes, in a way, its creditor.

100% guaranteed by the government that issues it, the Treasury Bond is one of the safest investments on the money market.

mediacongo


Food for thought

Frank

Need to start a book on which one of the elites will steal the money. My money is on the green abola. And what poor bastard is going to buy it.

 

[Samus]

If you make the wrong decision to no longer invest in the DRC, it is a monumental mistake! In business you have to recognize your mistakes, correct and start over or continue! A wise man said: ´´ better a bad deal than a good trial ´´... Do you know?

 

[Pokok]

View attachment 38913

Because i'm driving in Java 10hrs , 300 klms to see my family the roads are far from quiet then back to work in Sydney in 2 weeks because of this shit fight

 

[Retrobyte]

If you guys are looking for your next 'All in" mining investment

I'm waiting for Brewer to find a ruby deposit. Then I'll be all in again.

 

[Cumquat Cap]

If you make the wrong decision to no longer invest in the DRC, it is a monumental mistake! In business you have to recognize your mistakes, correct and start over or continue! A wise man said: ´´ better a bad deal than a good trial ´´... Do you know?

Who wrote this? Tweet deleted so cannot see?

 

[Samus]

Who wrote this? Tweet deleted so cannot see?

 

[Bray]

LOL absolute retards

 

[Cumquat Cap]

haha fuck what a clown

 

[John25]

 

[TDITD]

View attachment 38934 View attachment 38935

Oh dear, is that a sizable slice of regret in that tweet. What a fucking shame!!!!

 

[Sparrowhawk12]

View attachment 38934 View attachment 38935

I think CKK speaks an element of truth amidst his spin, promoting himself as being in the know. DRC Gov must want a deal with AVZ to drop ICSID and ICC cases and DRC probs want the deal done soon - clear air before the election. Sooner is better for us. Who knows what shit we'll get if resolution is beyond the election? Did he have to delete tweet because of the element of truth? IMO. Br Sparrowhawk12

 

[BEISHA]

yes you do ,, you will get the reach around after the next ann

 

[Xerof]

I think CKK speaks an element of truth amidst his spin, promoting himself as being in the know. DRC Gov must want a deal with AVZ to drop ICSID and ICC cases and DRC probs want the deal done soon - clear air before the election. Sooner is better for us. Who knows what shit we'll get if resolution is beyond the election? Did he have to delete tweet because of the element of truth? IMO. Br Sparrowhawk12

Still there

 

[BEISHA]

Everyone seems to be set on a TO and some weirdos are throwing around prices that aren't $12 , but realistically, I can't see the Worlds best BOD entertaining any sort of TO talk unless there's a ML included. They've spent a lot of time and energy so no way they would sell out and lose their lucrative paycheck unless they were getting more than compensated through the $$$ for the shares they own.

I have no idea what the SP is realistically worth in the current market with or without the ML as I'm not smart enough to calculate it, but I do recognise there's always the biggest wave of negativity and criticism right before something interesting gets announced.

So many on here complaining about wishing they'd never bought in and would sell out in a heartbeat, just as the lowballers, trolls and schemers want.
Grow a set, hang on and wait and see how it all plays out. But please stop carrying on like a pork chop because you took a risk and you aren;t happy with the outcome.

"Grow a set, hang on and wait and see how it all plays out. But please stop carrying on like a pork chop because you took a risk and you aren;t happy with the outcome".

I thought it was a good post until the last paragraph......

I think NF put it best at the previous AGM.....

" We knew the Chinese would play "funny buggers" ( try and steal ) but we never thought the DRC govt would be complicit "

Going back in the early days, alot of folk on the " other forum " ( including me ), were wishing upon wishing, that Felix would win the 2019 election based on his MANTRA that past and present corruption would be the focus to provide his people with a better life and to improve the DRC reputation within the international community..........and when he won, folks were so relieved cause it made the investment in Manono alot more palatable than having Kabila and the Chinese continue on their merry way , i cant speak for others here, but had Kabila won the 2019 election, my interest in AVZ would have been TRADE ONLY.

Everything turned to be going out great with our INVESTMENT in MANONO, right up to and briefly afterwards when the ML decree was awarded, all of us feeling very positive for the future until........................ AVZ were sabottaged.

Nobody saw that coming, nobody saw the evil that was being perpetuated behind closed doors, not even the AVZ BOD (despite the red flags that were presented to them in 2020/2021 ... )

In summary, folks knew the risk of doing business in the DRC with the chinese presence in the back ground, just didnt equate the DRC govt for being a SHAM !!

I dont think folks are carrying on like " pork chops ", they have every right to be disillusioned, pissed off, farked off, depressed , its healthy they express in a forum that resonates, cause the ole " stiff upper lip " strategy is potentially very dangerous for ones MENTAL HEALTH.

We are all human here, not farken robots!

 

[BEISHA]

*Fyi, I see where,

The Central Bank of Congo issues a treasury bond of 100 million USD

The government of the Democratic Republic of Congo has opened a Treasury bond market at the local financial level of nearly 100 million US dollars as a loan, read in the press release from the Ministry of Finance received on Saturday at the ACP.

“The government, through the Ministry of Finance, has opened up 100 million US dollars to the financial market.

To this end, bidders interested in this operation for the benefit of the Public Treasury are requested to present themselves at the headquarters of the Central Bank of Congo (BCC) on Tuesday, June 27, 2023 before 11 a.m. local time”, we read in the statement from the Ministry of Finance received Saturday at the ACP.

According to this press release, any subscription made after the time indicated will be rejected, specifying that this market has a duration of 2 years, with an interest rate of 10% per year.

The redemption date is set for Friday, July 27, 2025.

A Treasury bond is a debt security issued by the State and repayable at maturity.

In the Democratic Republic of Congo, it is the government that issues these debt securities through the channel of the Public Treasury.

When an economic operator or an individual buys a Treasury Bond, he lends money to the State and becomes, in a way, its creditor.

100% guaranteed by the government that issues it, the Treasury Bond is one of the safest investments on the money market.

mediacongo


Food for thought

Frank

100% guaranteed by the government that issues it, the Treasury Bond is one of the safest investments on the money market.

If you guys are looking for your next 'All in" mining investment

 

[John25]

Hope everyone makes an effort for our 60th anniversary this Friday