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Find all the economic and financial information on our Orishas Direct application to download on Play StoreIbrahima Chérif Bah was also fined 5 billion Guinean francs on Tuesday 6 May by the Court for the Suppression of Economic and Financial Offences.
After five months of hearing, Crief was heavy-handed. Ibrahima Chérif Bah was also sentenced to five years in prison, the confiscation of his property and a fine of 5 billion Guinean francs by the Court for the Suppression of
Economic and Financial Offences.The charges against the former head of the Guinean Central Bank and former vice-president of the opposition party UFDG were just as heavy: Ibrahima Chérif Bah was facing charges of embezzlement of public funds, corruption, illicit enrichment, breach of trust and money laundering. All relating to an alleged damage of 10.5 million dollars (about 9.3 million euros) for the Guinean State
.Ibrahima Chérif Bah was tried and convicted in absentia, the former head of the Central Bank being in exile since Mamadi Doumboya came to power. At the end of this trial, an arrest warrant was issued against him by the Guinean justice system
.
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