Showing posts with label Benin; Ponzi Scheme; ICC Services. Show all posts
Showing posts with label Benin; Ponzi Scheme; ICC Services. Show all posts

Sunday, July 02, 2017

Benin, A Ponzi Scheme And A Long Wait For Answers

The IMF estimates nearly 150,000 people were defrauded of more than 150 billion CFA francs (US$261 million) in the biggest financial scandal in Benin's history
Sadiatou used to be a well-off trader of traditional cloth at the market in Benin's economic hub of Cotonou but now sells school equipment from the doorstep of her home.