Ibrahima Chérif Bah, former governor of the Central Bank of Guinea, has been sentenced in absentia to five years in prison for embezzlement, money laundering, and abuse of office. The conviction, handed down by Guinea’s Court for the Repression of Economic and Financial Offences (CRIEF), stems from the alleged misappropriation of approximately $10 million during his tenure from 1996 to 2004. Bah, currently reportedly abroad for medical treatment, was also fined nearly €500,000 and faces asset confiscation. While acquitted of theft-related charges, he was ordered to pay $10.5 million in damages and €500,000 in interest. A warrant has been issued for his arrest. The CRIEF was established by the military junta that seized power in 2021, and this case reflects ongoing anti-corruption efforts under the new administration of President Mamadi Doumbouya.
