In a statement shared on its official LinkedIn page, Ivorian financial group NSIA clarified that "no account has been opened in the name or on behalf of the Commander of the Benin Republican Guard within NSIA Banque CI.".
This response, signed by Jean Kacou Diagou, president of the group, addresses claims made on September 25 by the prosecutor of Benin’s Court for the Repression of Economic Crimes and Terrorism (CRIET). The case involves allegations of financing a failed coup attempt by associates of President Patrice Talon. Those implicated include the Commander of the Republican Guard responsible for the President’s security, prominent businessman and close friend of Talon, Olivier Boko, and former Sports Minister Oswald Homeky.
During a press conference, which quickly gained traction on social media, special prosecutor Elonm Mario Metonou stated that a “a bank account was opened on August 6, 2024, at NSIA Banque Côte d'Ivoire in the commander's name, with an initial deposit of CFA105 million”. The prosecutor further alleged that Boko and Homeky "promised and handed over CFA1.5 billion in cash to the Commander of the Republican Guard on September 24, 2024, as part of their scheme."
NSIA Group confirmed that they have had a client relationship with the Commander since July 9, 2024, but solely through an “NSIA PRESTIGE insurance contract under NSIA Assurance Vie Côte d'Ivoire.” The group also stated that the total sum related to this contract amounts to CFA55 million and expressed readiness to submit any relevant evidence to Benin’s justice authorities.
NSIA explained that their statement is aimed at ensuring the truth is revealed to the authorities in Benin. The document, widely shared on social media in Benin, adds new details to a public debate, with some speculating that these arrests could be politically motivated as the 2026 presidential election approaches. President Talon has repeatedly stated he will adhere to the constitutional term limits, which prevent him from seeking a third term.
Regarding the alleged coup attempt, the Beninese government has remained cautious. During a press briefing, Wilfried Léandre Houngbédji, the government spokesperson, stated: "Like you, I am waiting for the judiciary to provide details on the case you mentioned, so that the public, both domestic and international, can understand the reasons behind the arrests of the individuals you referenced. Any procedural issues will be addressed in court."
The BCID-AES launches with 500B CFA to fund Sahel infrastructure, asserting sovereignty from the B...
Togo passes new law tightening anti-money laundering and terrorism financing rules Legislat...
Nigeria confirms tax reform takes effect Jan. 1, 2026 despite opposition PDP alleges illegal inse...
Gabon names Thierry Minko economy and finance minister in Jan. 1 reshuffle Move follows tra...
Creditinfo licensed to operate credit bureau across six CEMAC countries Bureau to collect b...
Morgan Stanley forecast gold at $4,800 an ounce in the fourth quarter of 2026. The bank cited expected interest-rate cuts, Federal Reserve...
Electoral authorities declared President Faustin-Archange Touadéra the provisional winner with 76.15% of votes in the first round. Opposition parties...
Egypt welcomed 19 million tourists in 2025, up 21% from 2024. Charter flight traffic rose 32% during the year, with flights arriving from 193 cities...
Ivanhoe Mines produced the first 99.7% pure copper anodes at its Kamoa-Kakula smelter on Dec. 29, 2025. The $700 million facility can process...
Organizers opened submissions for the sixth Annaba Mediterranean Film Festival from Jan. 8 to Feb. 28, 2026. The festival accepts feature films, short...
The Vodun Days are a major cultural event held in Benin to celebrate, promote, and raise awareness of vodun, an ancestral religion deeply rooted in the...