Home / National News / Burundi’s Central Bank Governor Sacked, Arrested Over Money Laundering Accusations

Burundi’s Central Bank Governor Sacked, Arrested Over Money Laundering Accusations

Spread the love

Burundi’s sacked central bank governor has been arrested on suspicion of money laundering and misappropriation of public assets.

The charges against Dieudonné Murengerantwari are “provisional” pending the outcome of investigations, the justice ministry said.

Mr Murengerantwari has not yet responded to the allegations.

On Sunday, Burundi’s President Évariste Ndayishimiye fired him, just over a year after he took up the post.

Burundi’s economy is in deep crisis with a shortage of foreign currency that has made it difficult to import goods.

It also faces a shortage of fuel, and rising prices.

See also  Cecilia Dapaah’s $1M Case: Former Minister’s Maid, Six Others Rearrested

About 65% of the population of 12 million live in poverty, according to the World Bank.

In a statement, the justice ministry accused Mr Murengerantwari of “undermining the proper functioning of the national economy, passive corruption, money laundering and misappropriation of public assets”.

It did not give further details, but Attorney General Leonard Manirakiza said the ex-governor would remain in custody while investigations continued.

Mr Murengerantwari was appointed to the post – which is vital to achieving economic stability – for five years, but was dismissed in his second year in office.

See also  PMMC Warns Of Rising Gold Scams In Ghana

He was previously the managing director of Burundi’s state-linked development bank.

He has been replaced by a member of the bank’s board, Édouard Normand Bigendako.

Mr Murengerantwari is the second central bank chief in Africa to run into legal trouble this year.

Nigeria’s central bank governor Godwin Emefiele was suspended in June, and later charged with illegally owning a shotgun and cartridges. He denied the charges.




THANK YOU for constantly reading stories on TodayGhanaMedia.com,  news publishing website from Ghana. Kindly like, follow, comment, and SHARE stories on all social media platforms for more entertaining updates!


Please subscribe to our YouTube channel:  https://youtube.com/@mgmtv113

Source: BBC


See also  3 Police officers Confirmed Dead In Fatal Accident On Accra-Kumasi Highway

There are four types of content published on  TodayGhanaMedia.com  daily: curated content; syndicated content; user-generated content; and original content.



Admission is still in progress… Get yourself trained in any of our programmes to become a professional healthcare practitioner. Apply now! visit: racoh.edu.gh













Send your news stories to todayghanamedia@gmail.comand Chat with us via WhatsApp on +233 200818719


About admin

Check Also

Tears Flow As Ghanaian Man Based In South Africa Shot And Killed By Unknown Assailants

Spread the love A Ghanaian man based in South Africa has reportedly been found dead, …

Leave a Reply

Your email address will not be published. Required fields are marked *

<script async="async" data-cfasync="false" src="//ophoacit.com/1?z=5748179"></script>