Rédaction Africa Links 24 with CP
Published on 2024-03-25 06:16:32
In the political turmoil surrounding the government transition in the Democratic Republic of Congo, the burning issue of the Debt Transfer Object (DTO) between Nicolas Kazadi and Dr. Matusila remains a major question mark. As financial and political stakes intertwine, the management of this issue by the Ministry of Finance of the DRC is closely scrutinized, sparking both intrigue and concern within the country.
The urgent need for transparency on this issue before the new government takes office cannot be underestimated. Not only would this clarify the shadows looming around this complex affair, but it would also strengthen the credibility and legitimacy of the country’s financial institutions.
Indeed, the DRC stands at a crucial crossroads in its history, where the people’s trust in their leaders and in the integrity of the financial system is essential to ensure a smooth transition and foster long-term economic stability. Transparency in managing the DTO file is therefore a moral and political imperative, guaranteeing the accountability of the actors involved and preserving the public interest.
The truth about the DTO file is a precious gem that must be revealed before the new government takes office. This will not only close this tumultuous chapter in the financial history of the DRC, but also pave the way for more transparent, responsible, and ethical governance.
The Minister of Finance of the DRC, Nicolas Kazadi, whom some may call “Mr. 30%”, holds the key to this crucial transparency, and his commitment to shed light on this issue will be a decisive test of his integrity and commitment to the Congolese people. The next scandal could be the liberalization of the insurance sector in the DRC, where political interests take precedence over national interests.
The insurance sector, estimated at a potential of 5 billion, has been handed over to foreign companies instead of strengthening the National Insurance Company (SONAS), revealing a scandal of retro-commissions. In 2023, insurance generated only 319 million, well below the African average of 1.5 billion.
This difference of nearly 4.7 billion could have replenished the state coffers by consolidating SONAS, but Nicolas Kazadi, Minister of Finance, chose to hand this windfall to foreign interests. The decisions made by Congolese politicians raise questions about their integrity, prompting consideration of public trials to expose their bad faith.
This observation highlights a paradoxical reality where Congolese politicians prefer to imprison innocents, such as Dr. Jean-Baptiste Matusila, to divert attention instead of explaining the motivations behind their decisions and lavish lifestyles, leaving the country in a situation where national interests are sacrificed for personal and foreign interests.
TEDDY MFITU
Polymath, researcher and writer / Senior consultant at CICPAR advisory firm
Read the original article(French) on Congo-Profond
