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Fight against corruption: HCPC Benin and BOAD seal a partnership

01/08/2025
Source : ORISHAS FINANCE
Categories: Compliance

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The High Commission for the Prevention of Corruption (HCPC) and the West African Development Bank (BOAD) signed a memorandum of understanding on cooperation on Tuesday, July 29, 2025. The cooperation memorandum of understanding aims to prevent and punish corruption in projects financed in Benin

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This partnership marks an essential sharing of resources, resources and skills. It reinforces efforts for increased governance and greater transparency in the region. Thanks to this agreement, the two (02) Institutions will define a precise cooperation framework dedicated to the prevention, detection, and suppression of corruption and similar offenses, in full compliance with national legislation and international conventions

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BOAD and the HCPC of Benin are committed to working closely and proactively. They include regular consultations and the rigorous execution of their responsibilities to ensure maximum impact.

The Vice President of the West African Development Bank, Braïma Luis SOARES-CASSAMA, underlined the importance of this cooperation: “By signing this agreement, we are setting an important milestone in the strength of cooperation. We reaffirm our commitment to working with the HCPC against this common scourge, with determination and in the spirit of an

exemplary partnership.”

This agreement with the HCPC of Benin is BOAD's eighth strategic partnership in the region. It is part of a global approach to strengthening regional capacities to effectively prevent, detect and combat cross-border corruption

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