- Chad is one of the least developed countries in the world according to the United Nations.
- It has been led for nearly 15 months by military officer Mahamat Idriss Deby Itno.
- Chad joined the ranks of African oil producers and exporters in the early 2000s.
Investigators in Chad have swooped on senior officials in the oil industry and financial sectors in the last 10 days as part of a major anti-corruption operation, according to the government, which told AFP on Sunday.
According to Communications Minister Abderaman Koulamallah, the arrested suspects are accused of stealing around 13 billion CFA francs ($21 million) from the state-run oil company SHT and the country’s spy agencies.
Chad is one of the least developed countries in the world according to the United Nations, and joined the ranks of African oil producers and exporters in the early 2000s.
It remains a modest producer, producing 47 million barrels in 2021, according to the Chadian Observatory of Public Finance.
It has been led for nearly 15 months by military officer Mahamat Idriss Deby Itno, who proclaimed himself transitional president at the head of a junta of 15 generals a day after the death of his father, Marshal Idriss Deby Itno, who was killed in April 2021 fighting rebels.
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