Tuesday , August 16 2022

The Kremlin bank has acknowledged an error of $ 12 billion in African loans


The state bank of Russia has given a $ 12 billion loan to one of the poorest countries in Africa, and then the payments to the Central African Republic have come from a bug.

VTB, the second largest bank in the Kremlin, said on Wednesday that software errors have sparked the country over its obligations and extended a $ 12 billion loan to Cyprus to Cyprus.

"Accounting forms bind accounts to countries. The links have ceased and all countries have moved to all places, "said Dmitry Olyi, Chief Financial Officer of VTB.

According to VTB's original accounts for the third quarter of 2018, the Bank will have 1.9 billion tenge of GDP. $ 802 bn. Of CCT obligations. Tenge ($ 12 billion).

This exciting opening highlighted Russia's rapid involvement in Africa and its role in one of the worst scandals on the continent.

SME has been one of the key points of Russia's interest in Africa since early December. Military trainers and 170 "civil counsels" arrived in Bangguga to train the military and presidential security guards. Russia has already delivered nine weapons to the capital.

The ties between the two countries have deepened by the former colonial power at the expense of France. President Fustin-Arvoc Tauadeur National Security Advisor – Russian.

In July, three Russian Russian journalists were investigating the growing role of their country in Moscow, and after their arrival in CCT, unknown men were killed. According to Yevgeny Prigozhin, a Kremlin-linked publication, independent Russian mass media belong to Wagner, the main military commander of the Russian army.

However, according to bankers in Moscow, this amount is too high for CCT, which is one of the least developed countries in the world, according to World Bank estimates of less than $ 2 billion.

There are large deposits of diamonds, gold and uranium, but less than 80 percent of the territory is controlled by more than ten rebel groups.

On Wednesday, VTB released an updated version of its accounts, where borrowers were re-registered in Cyprus with many beneficial owners of Russian companies. Also, mysterious "debts" have been lost to countries such as the Vatican and Grenada.

The CAP refused to receive money from Russia.

Source link