Was French candidate Valls campaigning with money from Togo?

Did this "manna" to the former French Prime Minister lead to his end in the current race for the keys of the Elysee palace?

Published: January 30, 2017, 6:47 am

    In a statement released on Tuesday to support the three-day strike by teachers, the Workers’ Party in the African country of Togo accused President Faure Gnassingbé of having given a suitcase stuffed with money to the former French Prime Minister Manuel Valls.

    This sum of 5 billion CFA is said to be intended as support for Valls’ candidacy in the socialist primary and presidential bid for 2017.

    “Revelations from sources close to the regime, emanating from personalities themselves disgusted by the incredible cynicism of Faure Gnassingbe towards his own people, indicate that during his official visit in late 2016 to Togo, Manuel Valls, while still head of the French government, allegedly received a “gift” of 5 billion CFA francs for his campaign in France in view of the 2017 presidential election in which he was considering engaging,” according to a communiqué by the Workers’ Party.

    Did this “manna” to the former French Prime Minister lead to his end the current race for the keys of the Elysee palace? Valls just lost to far-left Socialist Benoit Hamon.

    According to Claude Ameganvi, this is undoubtedly a misappropriation of funds because it is in anticipation of this support to Manuel Valls that Faure Gnassingbé steered a vote by the National Assembly for a collective budget of 10 billion CFA, for the payment of five helicopters as part of the “Maritime Safety Conference”.

    But according to the Workers’ Party, these were invisible helicoptres because they were “never bought”.

    Representatives have admitted during a discussion on Togo’s Budgetary Collective, Management 2016, that loans known as Sukuk, for a total amount of CFA 156 billion were obtained from certain Islamic banks over the period 2016-2026 by pledging public assets.

    According to the WP, there is no doubt that these loans, “contracted in total opacity and beyond control by national institutions regulating the functioning of the State, are not part of any rational logic of development such as that of infrastructure and educational needs”.

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