Sao Tome government dismisses governor of Central Bank and state company managers

28 June 2006

Sao Tome, Sao Tome and Principe, 28 June – The government of Sao Tome and Principe has dismissed the governor of the country’s Central Bank and the managers of its state airport (Enasa) and port (Enaport) companies, as well as of the postal system, officials said.

The dismissal of governor Maria do Carmo Silveira, a former prime minister of the country, and her team was due to irregularities detected in the construction work of the new Central Bank building, valued at US$8 million, a statement from Sao Tome’s cabinet said.

The suspension of this work, which was ordered to be carried out by the current board, was one of the first measures taken by Sao Tome’s new government.

“The figure for financing the project was n ot included in the Central bank’s investment plan for 2006. The tender document includes the possibility of revising prices of the developer and thus means that a limit for the cost of the project is unpredictable,” the Sao Tome government said.

The new coalition government, headed by Tomé Vera Cruz, also decided to dismiss the state managers of companies under the Minister of Infrastructure, such as Enasa, Enaport, the Postal system and also the Housing Institute.

Sao Tome daily newspaper, Tela Non reported that more managers were likely to be replaced over the next few days and until the next presidential elections, scheduled for July 30. (macauhub)