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Congo Republic Plans major shakeup at SNPC,Seeks Bailout

Congo Republic plans to replace the board of directors and appoint an audit committee at state oil company SNPC, as it has been dogged by allegations of corruption and mismanagement, SNPC, which holds equity in fields operated by Italy’s ENI and France’s Total,and the government on Wednesday criticised the “dysfunction” of its current set-up.as it …
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