Sierra Leone: investigation into Koroma-era administration deters confidence

Summary: The order by President Julius Maado Bio for Attorney General Priscilla Schwartz to establish a commission of inquiry into allegations of corruption committed by his predecessor’s administration undermines opposition-held confidence in the government and downgrades the country’s political stability. Bio’s ability to raise the country’s foreign investment attractiveness is furthermore downgraded due to the opposition-held parliament likely to obstruct the president’s legislative and regulatory unilateralism. The commission of inquiry will likely lead to evaluations of mining sector agreements previously agreed to, deterring confidence in the mining sector as well as the offshore oil and gas sector the Sierra Leone …

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