DRC: BIAC staff call for President Tshisekedi’s involvement

In DR Congo, the agents and executives of the International Bank for Africa in Congo (BIAC) whose Council of State opposed the dissolution decided by the Central Bank (BCC), filed Thursday, November 19 at the Presidency of the Republic, a memorandum calling for the involvement of President Félix Tshisekedi with regard to their fate.

This memorandum was tabled at the end of an organized march in the streets of Kinshasa. “We are surprised that the Central Bank was able to kill BIAC. This bank has appointed a cabinet of experts for its completion. A month later, we saw the statement from the Council of State suspending the Central Bank’s decision. We ask the liquidator to no longer use our facilities until a final solution is found by the Council of State, ”explained Matthieu Theba, president of the union delegation, after the protest march.

« We request the involvement of the Head of State as father of the Nation and guarantor of the proper functioning of the institutions for a decision taking into account the payment of the final account of the agents as soon as possible, and the development of a social plan for all staff with a view to reassignment to other State structures. Otherwise, we will continue to question the street, ”he added.

Placed under the management of the provisional administration committee of the Central Bank of Congo (BCC) in May 2016, BIAC was declared in “forced liquidation” following a notice signed on October 9, 2020 by the regulator, “in accordance with the provisions (… ) relating to the activity and control of credit institutions ”. To this end, a group had been appointed « liquidator ». But a few weeks later, the Council of State opposed the decision, ordering its suspension on November 10, 2020.

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