Missing 30 years ago the money of the Bank has been in Guinea

Russia and Guinea agreed to take measures to refund $ 40 million of Vnesheconombank, RIA Novosti reported with reference to the Protocol of the Russian-Guinean intergovernmental Commission on economic cooperation.

“The Board recommends that the financial authorities of the parties to take the necessary measures to accelerate the settlement of the question on the Guinean side return of blocked funds in special accounts of Vnesheconombank with the Central Bank of Guinea”, the minutes said.

State Minister of the Republic of Guinea, the Chairman of the presidential Council for investment and public-private partnerships Kassari Ibrahim Fofana said that due to the economic reforms in the country was partially lost information about the amount, but then it failed to recover. “I learned that originally invested in the amount of $ 12 million, over a long period for interest expense [amount] was raised to 40 million dollars”, — he explained.

In the framework of the intergovernmental Commission have been held negotiations on this issue were made interesting proposals, said the head of Ministry of Russia Sergey Donskoy, the Russian official chairs the intergovernmental Commission — approx. “Of the tape.<url>”). “The Finance Ministry is ready to engage in this process and, in my opinion, the solution could be found. The amount of more than $ 40 million”, — he concluded.

USSR and Guinea cooperated closely in the economic and technical sphere. With Soviet assistance in Guinea-built airports, roads and Railways, industrial and cultural objects, residential buildings, universities and research centers, radio station, conducted geological and exploration works. The money was invested through the USSR Vnesheconombank.

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