See also:
» 29.10.2009 - Embezzlement case against Africa trio overturned
» 16.10.2009 - Gabon and Nigeria elected to UN Security Council
» 26.02.2009 - Gabon president’s accounts frozen in France
» 29.04.2008 - New AU chief takes office
» 05.03.2008 - Gabon angered by expulsion
» 10.01.2008 - Gabon scolds political NGOs
» 14.12.2007 - Harvest eyes Gabon oil
» 13.11.2007 - Devon sells its Gabon assets











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Gabon
Economy - Development | Society

Chinese merchant refused exit from Gabon

afrol News, 30 March - A Chinese investor operating in Gabon has been refused to leave the country following his release from a short arrest.

Guohua Zhang, the head of the Chinese group Honest Timber, was arrested for an alleged falsification of identity documents.

However, the arrest has been explained from Mr Zhang's quarters as a misunderstanding after his names were switched and his position and age were not properly recorded.

Reports from Libreville have said the authorities refused Mr Zhang to leave the country today as he tried to jet out to France.

Reports further pointed out that he had refused to pay the fine imposed on him after his arrest, which was calculated at an exorbitant US$ 2 million.

Mr Zhang's company, which has rights over natural forests of 1,200 acres in Gabon, is also said to be facing a financial crisis with debts of millions of dollars in non-payments of wages and other running costs.

However, the company's management in the France-based mother company have called for an investigation to clear the suspected debt sketches.

Gabon is a former French colony with some of the richest tropical forests in Central Africa, but with government increasingly controlling that logging is sustainable.


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