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Money laundering and public procurement fraud: two networks dismantled in Ouagadougou

10/10/2025
Source : ORISHAS FINANCE
Categories: Economy/Forex

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Following denunciations, the national police dismantled two networks of alleged thieves, specialized in fraud, among other things fiscal, money laundering, forgery and the use of forgeries in writing public procurement and public procurement fraud.

Company managers wanted to escape the payment of taxes and duties of their employees in the first network dismantled. So, according to the information, they have proceeded to create a new company and were preparing to liquidate the old one in violation of even procedures in this area, in view of the enormous debts taxes estimated at more than 275,000,000 FCFA in terms of taxes and contributions social benefits to the National Social Security Fund.

With regard to the second network, its members, specialized in the preparation of tender documents, were believe in their victims and/or accomplices that they were able to facilitate the acquisition of technical and administrative documents requested in the framework for public procurement.

With the collaboration of the populations, the Investigators were, during the various investigations, able to seize several objects, including computer hardware, hundreds of documents, and forgeries technical approvals from several companies and ministries, specimens of BEPC diploma and false certifications.

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