U.S. Arrests Former Guinean Minister of Mines Arrested for Laundering $8.5 Million

IMPORTANT: The full content of this page is available to premium users only.

Friday, December 16, 2016
Author: 
Bruce Zagaris
Volume: 
32
Issue: 
12
Abstract: 
On December 13, 2016, the U.S. Department of Justice announced that the former Minister of Mines and Geology of the Republic of Guinea was arrested and charged with laundering proceeds from bribes he allegedly received from two Chinese companies that are part of a Chinese conglomerate in exchange for official actions he took to obtain valuable mining rights for the conglomerate.