the BICICI and SGBCI nationalized
On DirectScoop.net : "
President Gbagbo and commandeers the BICICI SGBCI
Thursday, February 17, 2011
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Ivorian President Laurent Gbagbo has decided to "take control" of banks that have closed this week in the country, including subsidiaries of French banks BNP Paribas and Societe Generale, said on Thursday an official source.
After the closures of these banks, the Head of State Laurent Gbagbo "has issued decrees that the State of Côte d'Ivoire take control by taking a full and complete participation in the capital of certain of these banks, "said a statement read by the spokesman of his government, Ahoua Don Mello, on RTI public television. "It` s among other acts of SGBCI and Bicic, respectively subsidiaries of Societe Generale and BNP Paribas, he said.
Ivorian President Laurent Gbagbo intends to "preserve jobs and ensure the access of Ivorians and traders to their assets" in "as soon as possible," he added. "
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