Finance

NSIA Refutes Claims of Bank Account Tied to Alleged Benin Coup Plot

NSIA Refutes Claims of Bank Account Tied to Alleged Benin Coup Plot
Friday, 27 September 2024 18:06

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."

On the same topic
(MCB) - The Mauritius Commercial Bank Limited (“MCB”) has successfully granted a strategic financing package to Invictus Investment Company PLC (ADX:...
Burkina Faso restructures public funds into four targeted financing mechanisms New funds aim to streamline spending, improve oversight, and reduce...
Zenith Bank explores East African expansion, holds talks with regulators Denies reports of confirmed Paramount Bank acquisition in...
Cameroon backed $44.9M in BDEAC loans to three private firms Treasury guarantees cover 50% of loans for hotel, plant, logistics projects...
Most Read
01

China says Premier Li Qiang will attend instead of President Xi Jinping The U.S. and Russia also ...

South Africa Loses More Support as Xi Jinping Also Skips the G20 Summit
02

DRC minister visited Huawei China center to boost AI training cooperation Talks focused on launch...

DRC, Eyeing AI for Farms and Mines, Seeks to Launch Academy with China’s Huawei
03

Powered exclusively by Rolls-Royce Trent 7000, delivering 14 % lower fuel burn per seat and f...

Airbus Delivers First of Ten Rolls-Royce Trent 7000-Powered A330-900neo to Air Algérie
04

Nigeria’s NIP ranks among the world’s largest real-time payment platforms, underscoring its centra...

Africa’s Real-Time Payments Acceleration Signals a New Era of Competition and Integration
05

After two years of limited testing, WhatsApp will soon let users and businesses hide their phone num...

WhatsApp to Launch Usernames in 2026, Changing How Customers Reach Businesses
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.