Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • Small-Cap Funds Rally 20% in April: Stay invested or book profits? Experts weigh in
    • Titanium vs Arthaya Long Short Funds: Which strategy fits your portfolio?
    • How high can Bitcoin, Ethereum and XRP go?
    • Top SIP Potfolios for Mutual Fund Investors in 2026
    • Martin Lewis warning for Premium Bonds holders as ‘you would beat it’
    • ₹9000 monthly SIP can help you retire at 45 with ₹2 lakh monthly pension
    • Premium Bonds Winners May 2026: Who won in the NS&Is?
    • THE PROPERTY NERDS: $1m tax mistake!
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»Funds»Congo ex-justice minister sentenced to 3 years of forced labor for embezzling public funds
    Funds

    Congo ex-justice minister sentenced to 3 years of forced labor for embezzling public funds

    September 2, 2025


    KINSHASA, Congo — A high court in Congo on Tuesday sentenced a former justice minister to three years of forced labor in after convicting him of embezzling $19 million in public funds intended to finance a prison project in the country.

    Constant Mutamba, who resigned over the case in June, was found guilty of embezzling funds meant to finance the construction of a local prison in the northern city of Kisangani. Such sentences on hard labor in Congo have been served in prison in the past, but it wasn’t immediately clear if the former minister’s case would be an exception.

    The Court of Cassation ruled that Mutamba acted with the intention of illicit enrichment and didn’t follow due process in the project.

    The ex-minister had pleaded not guilty to the embezzlement charges brought against him by state prosecutors. His case was seen as a flashpoint of the Congolese government’s crackdown on chronic corruption that has stifled the country’s development.

    Mutamba’s lawyer, Joel Kitenge, condemned the decision and suggested that it was flawed.

    ”The people are informed of the way in which the case was handled,” he said. ”Mutamba did not steal the money. Our client did not benefit from any mitigating circumstances.”

    Major roads leading to the court in the capital, Kinshasa, were barricaded, while dozens of security force members were deployed before the ruling in case of any unrest.

    Mutamba, appointed justice minister in 2024, was a presidential candidate in 2023 and has previously positioned himself as an anti-corruption figure. He took some steps seen as contentious while in office, including his push for the death penalty for journalists who covered the actions of Rwanda-backed M23 rebels in the conflict-hit east.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    Hedge Funds Rebound in April, Led by Citadel and ExodusPoint

    May 4, 2026

    Global equity funds attract inflows for sixth week on earnings optimism

    May 4, 2026

    5 Best Closed-End Funds for 2026 | Investing

    May 2, 2026
    Leave A Reply Cancel Reply

    Top Posts

    The Shifting Landscape of Art Investment and the Rise of Accessibility: The London Art Exchange

    September 11, 2023

    Charlie Cobham: The Art Broker Extraordinaire Maximizing Returns for High Net Worth Clients

    February 12, 2024

    The Unyielding Resilience of the Art Market: A Historical and Contemporary Perspective

    November 19, 2023

    Small-Cap Funds Rally 20% in April: Stay invested or book profits? Experts weigh in

    May 5, 2026
    Don't Miss
    Mutual Funds

    Small-Cap Funds Rally 20% in April: Stay invested or book profits? Experts weigh in

    May 5, 2026

    Small-cap mutual funds delivered a sharp rebound in April, with returns surging as much as…

    Titanium vs Arthaya Long Short Funds: Which strategy fits your portfolio?

    May 5, 2026

    How high can Bitcoin, Ethereum and XRP go?

    May 5, 2026

    Top SIP Potfolios for Mutual Fund Investors in 2026

    May 5, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    Equity Mutual Fund Inflows Drop For 2nd Month, Fall 14.3% In January; Gold ETF Investments Double | Markets News

    February 10, 2026

    Real estate opportunities attract private equity billionaire David Rubenstein

    January 25, 2024

    NU President Gold will not keep $159,000 bonus, donating funds to support campus programs

    August 15, 2025
    Our Picks

    Small-Cap Funds Rally 20% in April: Stay invested or book profits? Experts weigh in

    May 5, 2026

    Titanium vs Arthaya Long Short Funds: Which strategy fits your portfolio?

    May 5, 2026

    How high can Bitcoin, Ethereum and XRP go?

    May 5, 2026
    Most Popular

    🔥Juve target Chukwuemeka, Inter raise funds, Elmas bid in play 🤑

    August 20, 2025

    💵 Libra responds after Flamengo takes legal action and ‘freezes’ funds

    September 26, 2025

    ₹9000 monthly SIP can help you retire at 45 with ₹2 lakh monthly pension

    May 5, 2026
    © 2026 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.