Burundian central bank chief arrested

Isaac Bizimana, the governor of the Bank of Burundi, was arrested Saturday 4 August on suspicion of embezzlement. The alleged embezzlement involves payments made to Interpetrol, an oil company, between 1996 and 2002.

The government is alleged to have agreed to pay the company for any exchange rate losses incurred over the six-year period, when Burundi was under blockade because of a military coup.

But a report published last month by the state auditor said that Interpetrol received more than $

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