Oil Exploitation: The arrogant back-pedaling of the Banque de France

While several sources suspected the Togolese regime of pumping clandestinely oil, the 2016 annual report of the Bank of France on the Franc Zone came, initially, confirm the suspicions. The economist Thomas Koumou first discovers the numbers and launches the alert before realizing himself that the institution would probably be wrong. His gesture attracts the attention of the Banque de France, which reacts timidly in the momentum demanding a right to such a gross error.

At the speed of light, the news has invaded social networks and is relayed unanimously by the media. Figures from the Bank of France that confirm the endless warnings on the illegal exploitation of oil and gold in Togo. As taught by the Head of State, the authorities are lodged behind a resounding silence.

Quoted by the author of the report as the source of the data included in the document in question, the BCEAO reacts and declines its responsibility. The institution believes it has no level at all, no data on any oil exploitation in Togo.

What will leave the Bank of France of his hole, by a statement very relaxed on the social networks:
An error in an official report had attributed to Togo data concerning Côte d'Ivoire. The error is rectified: see 2016 Report of the Franc Zone, p. 231: https://t.co/2hpvaLzzVP

- Banque de France (@banquedefrance) January 10, 2018

And that's all ? Do not we apologize if we admit to having made a mistake?

It is obvious that this lack of consideration of public opinion may well hide two facts: either really, it is not a mistake or the Banque de France is in the logic of a legendary contempt vis- to those countries eternally attached to the CFA franc that African countries can not manage themselves, so their heads of state are rotten scandals of poor governance, illicit financial flows on the lookout for corruption .

But one thing is certain, this exit of the Bank of France is far from closing the debate on the opaque management of the natural resources and mining of Togo. As long as the informed Togolese will not know what is the responsibility of Komi Klassou in the tax evasion case in WACEM-Togo, as long as Faure Gnassingbé does not honestly declare his property, as long as the finance law remains a Secret State document until the end of the day, as long as we do not present to the public the real benefits of the twenty billion invested to organize the famous Lomé Summit on Maritime Safety, the citizen will have great and legitimate reasons to believe that a conspiracy is going on in the waters down there at the bottom of the Atlantic Ocean.

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