“The General Inspectorate of Finance renews its mandate to support the recovery of Cobil in the DRC”

Renewal of mandate of the IGF to support the recovery of Cobil

As part of the recovery of the Cobil oil company in the Democratic Republic of Congo, the new general management team was recently received at the General Inspectorate of Finance (IGF) to discuss the continuity of the management mission of the IGF within the company.

During this meeting, chaired by Thierry Monsenepwo, Chairman of the Board of Directors of Cobil, and Jules Alingete, Inspector General-Head of Service of the IGF, the need to maintain the support of the IGF was discussed. in order to ensure the total recovery of Cobil.

The Chairman of the Board of Directors of Cobil expressed his gratitude to the IGF for its fruitful work in supervising public finances and requested the renewal of its mandate. According to him, the current Cobil committee wishes to align its policy with the vision of the Head of State in terms of good governance.

Since June 2023, Cobil has benefited from the support of the IGF, which has made it possible to observe an improvement in the company’s financial balances, as highlighted by the Chairman of the Board of Directors.

For his part, Jules Alingete praised the dynamism of the new management team of Cobil and confirmed that this team had the confidence of the President of the Republic to preside over the destiny of the company.

The Managing Director of Cobil, Placide Mutubunga, also expressed satisfaction with the work carried out by the IGF inspectors, who verified the legality, compliance and appropriateness of the company’s expenditure.

It is obvious that the recovery of Cobil requires a continuous effort, but with the support of the IGF and the determination of the management team, the company could regain its strategic place in the oil sector of the Democratic Republic of Congo.

President Félix-Antoine Tshisekedi and his government are mobilizing to support this recovery process, by calling on the expertise of the IGF, in order to guarantee the good management of public finances and the success of Cobil.

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