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[POLITICS] · Guinea · 4 sources

Guinea's National Transition Council probes alleged 43 billion GNF misappropriation

A judicial investigation was opened on 7 July 2026 by special prosecutor Alphonse Charles Wright of the Court for Economic and Financial Crimes (CRIEF) into the handling of 43 billion Guinean francs (GNF) by officials of Guinea's National Transition Council (CNT). The probe alleges diversion of public funds, corruption, money‑laundering, illicit enrichment and related offences tied to a contested allocation of separation bonuses for national advisers and a special bonus for parliamentary staff.

The CNT has publicly rejected the accusations, stating that the payments were approved in the 2026 finance law, processed through normal state budgeting procedures and the Central Bank, and that 81 national advisers received their bonuses in line with institutional rules. The council insists on the presumption of innocence and characterises the dispute as administrative rather than criminal. The investigation involves several senior officials, including directors of the Office of Economic Crime Prevention and the judicial police, and the special secretary to the Presidency for special services and organized‑crime fighting.

Court hearings began on 8 July 2026, with CNT employees summoned to appear before the CRIEF. The outcome of the inquiry remains pending.