A case of so-called "embezzlement" at the level of the rural commune of Tangaly in the prefecture of Tougué has been fueling debates and comments for a few days. Indeed, the amount allocated by the National Agency for the Financing of Local Authorities (ANAFIC) for the construction of the Tangaly youth centre, which amounts to GNF 63,816,600, has been doubly withdrawn from the account of the locality domiciled at the Regional Agency of the BCRG (Central Bank of the Republic of Guinea) of Labé, according to Guinéenews.

Recounted by Guinéenews, the head of the BCRG Labé agency, El hadj Tanlatou Diallo, acknowledged that there was a problem. " We received a check issued by the municipality of Tangaly in the amount of 63,816,600 GNF in tele-compensation as there was an anomaly on the check, the cheque was rejected... But when the cheque was represented, the amount went to a suspense account, because it had already been rejected. What I am telling you here happened in June. Now in August, they have issued another cheque. The rural commune of Tangaly issued a cheque for the same amount. This time instead of putting to the order of the company that is to say for the legal person that is the company, they issued the check in the name of a natural person who came to our counter, we consulted the balance and saw that the balance could cover the check, we paid it in due form," he explains.

After this transaction, the first check would also have been released at the BCRG level, according to El Hadj Tanlatou Diallo. "Now, at the end of the year, as the amount of the check that had been represented was on a suspense account, the writing reappeared.  So tangaly's account was debited again. So when Tangaly's account was debited, it went downright receivable because the amount that was at the balance level was 70,238,651 GNF. Now when the check for $63 million passed, the check we paid at our atm went through, there was $6 million and a few left. Then, the check that was now being rejected and was represented at the platform level, when the people who manage it removed the amount from the suspense account, they debited Tangaly's account and the account went downright debtor. So that's what happened at the central bank," the official said.

"Now if we are told that there was malfeasance; that is what they know we do not know because the two checks have passed and the amount to cover the two checks was 70 million, it was not possible. So, that's what made Tangaly's account go debtor. So, when we received the ANAFIC grant for Tangaly, the first thing first was to cover the debit and that's what the central bank had to do," insists El Hadj Tanlatou Diallo.