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Covert Capital: Illicit Finance in DR Congo

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Covert Capital: Illicit Finance in DR Congo

Posted by Enough Team on May 22, 2019

On May 22, 2019, the Enough Project co-hosted an event with the Atlantic Council titled “Covert Capital: Illicit Finance in DR Congo.”

The panelists discuss how Kabila and his allies manipulated the DRC’s financial sector and what it means for embattled President Félix Tshisekedi and the Congolese people.

In 2018, flawed elections in the Democratic Republic of the Congo (DRC) brought an end to Joseph Kabila’s eighteen-year rule. As supporters of President Félix Tshisekedi celebrated a peaceful transfer of power, however imperfect, Kabila’s Common Front for Congo party swept the legislative elections, retaining a dominant majority. Caught between the new administration and the old regime, Congo has entered an uncertain moment in its history. To maintain his position at the top, Kabila has many tools at his disposal, including hidden networks and institutions that subvert the rule of law and funnel illicit finances to himself and his allies.

A conversation with:
Mr. John Dell’Osso, Senior Investigator, The Sentry
Mr. Mvemba Dizolele, Senior Adviser, International Republican Institute
Ms. Lakshmi Kumar, Policy Director, Global Financial Integrity
Nita Evele, Board Member, Panzi Foundation
Holly Dranginis, Senior Policy Analyst, Enough Project

Amb. Rama Yade, Senior Fellow, Africa Center, Atlantic Council

Welcome and Introduction by:
Ms. Bronwyn Bruton, Director of Programs and Studies and Deputy Director, Africa Center, Atlantic Council

View on Youtube here: