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The anti-corruption division of the public prosecutor’s office in West Nouakchott says about US$1 million was embezzled from the Central Bank of Mauritania. The police arrested five suspects after the bank filed a complaint against the treasurer in charge of foreign exchange operation and others on July 3. The authorities have not revealed any more information about the suspects or their investigation.

 

“The credibility of our monetary system is at risk”

 

Boydiel Ould Houmeid—former vice-president of the National Assembly, a former presidential candidate, and leader of the opposition party El Wiam—described the revelation as a “scandal” that will negatively impact Mauritania’s reputation and its monetary relations with other countries. Houmeid also demanded the creation of a parliamentary inquiry into the matter, warning that “the credibility of our monetary system is at risk.”

Houmeid’s El Wiam party was heavily involved in mass protests in 2011 against former president Mohamed Ould Abdel Aziz, so he may also be using this scandal to push for greater legislative oversight of the Mauritanian executive.

 

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Jul 12, 2020