Thursday, July 3, 2025

Creating liberating content

Introducing deBridge Finance: Bridging...

In the dynamic landscape of decentralized finance (DeFi), innovation is a constant,...

Hyperliquid Airdrop: Everything You...

The Hyperliquid blockchain is redefining the crypto space with its lightning-fast Layer-1 technology,...

Unlock the Power of...

Join ArcInvest Today: Get $250 in Bitcoin and a 30% Deposit Bonus to...

Claim Your Hyperliquid Airdrop...

How to Claim Your Hyperliquid Airdrop: A Step-by-Step Guide to HYPE Tokens The Hyperliquid...
HomeWorldShots were fired...

Shots were fired this Friday in Bissau

Shots from military weapons were heard this Friday in Bissau, the capital of Guinea-Bissau, around 1:20 am and lasted for several minutes, which Lusa witnessed on the spot.

Shots were heard in the Luanda area on the outskirts of Bissau, the origin of the shots is unknown.

The shots came as tensions erupted Thursday evening after the ministry ordered the preventive arrest of Finance Minister Sulemain Seide and Finance Minister Antonio Monteiro.

Both members of the government were taken to the headquarters of the judicial police, where, as several witnesses told Lusa, members of the National Guard took them out of their cells.

Guinea-Bissau’s Minister of Economy and Finance Souleymane Seydi and Finance Minister António Monteiro were arrested this Friday as part of a process related to payments to businessmen, a judicial source told Lusa.

Seidy and Monteiro were placed in pre-trial detention and taken to judicial police cells in the Rino district, near the Mercado do Bandim market, in central Bissau, after about six hours of hearings at the State Ministry, the source said. .

Two government officials are being investigated for paying six billion CFA francs (about 9.14 million euros) to 11 businessmen through a loan to a commercial bank in Bissau.

The opposition, which denounced the case in parliament, argues that it is a crime, malfeasance and disrespect for budget rules attributed to the Minister of Economy and Finance, which was considered in parliament last Monday.

In this case, Suleiman Seydi confirmed the loan request, stated that the entire process was legal, and also confirmed that this is a normal procedure between the governments of Guinea-Bissau.

The opposition, represented by the Movement for Democratic Change (Madem G15), considers the process fraudulent because it involves “only businessmen associated with the government” from the Platform for Inclusive Alliance (PAI – Terra Ranka) coalition.

Soon after the case was reported, the prosecutor’s office conducted searches and seized documents in the Ministry of Economy and Finance, as well as in the bank that issued a loan for settlements to businessmen.

Since last week, several heads of the Ministry of Economy and Finance have already been interrogated, and this Friday the two main people responsible for this institution were arrested.

Souleymane Seydi and António Monteiro are the leaders of the African Party for the Independence of Guinea and Cape Verde (PAIGC), which heads the PAI-Terra Ranca coalition in government, along with the Social Renewal Party (PRS) and the Workers’ Party of Guinea (PTG). ) and five other small political entities.

Madem G15 and the United People’s Assembly – Democratic Party of Guinea-Bissau (APU – PDGB) are the only opposition parties in parliament.

The arrest of the financial portfolio holder came on the day the government approved in the Council of Ministers the general state budget for 2024, scheduled for discussion and voting at the plenary session of the National People’s Assembly, which will last until December. 27th.

Author: Lusa
Source: CM Jornal

Get notified whenever we post something new!

Continue reading

The head of the Abkhazian Foreign Ministry assessed the relations between Russia and Georgia

It is in Abkhazia's interest to develop relations between Russia and Georgia, Abkhaz Foreign Minister Sergei Shamba said at a briefing on September 3."I think it is in our interest to see things develop normally. I do not believe...

The head of the Abkhazian Foreign Ministry called on the Russian Federation to consider how to improve relations with the Russian Federation

Abkhaz political forces need to think together about how to improve relations with Russia, which have begun to deteriorate, Abkhaz Foreign Minister Sergei Shamba said at a briefing on September 3.He commented on a document that appeared on social...

Sports Minister Degtyarev punished a State Duma deputy for changing citizenship

State Duma deputies who previously changed their sports citizenship are disgusting, Russian Sports Minister Mikhail Degtyarev said on September 4 during a speech at the EEF-2024 forum.Degtyarev said he was not against Russian athletes taking part in international competitions...