BREAKING NEWS

Ivory Coast's Gbagbo corruption probe may last 2 years

By REUTERS

JUNE 22, 2011 02:24

ABIDJAN - Investigating alleged corruption by Ivory Coast's former president, Laurent Gbagbo, and his associates may take up to two years, although an initial inquiry is finished, the justice minister said on Tuesday.

Ivorian authorities are investigating allegations of serious abuses committed during a post-election power struggle between Gbagbo and current President Alassane Ouattara.

They are also probing allegations he and those close to him stole vast amounts from the treasury and the cocoa regulatory body, Justice Minister Jeannot Ahoussou Kouadio told a news conference in Ivory Coast's main commercial city Abidjan.

Switzerland opened a money-laundering case against Gbagbo's associates last month, freezing 70 million Swiss francs ($80 million), after a complaint by Ouattara's government.

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