Mamadou Sylla

From Wikipedia, the free encyclopedia

Mamadou Sylla (born 25 January 1960) is a Guinean politician and business leader.

Born in Boké, in 1986 Sylla was one of several people given large amounts of rice by the Government to retail. Becoming wealthy, he moved to Conakry and became a senior judge.

In 1998, Sylla bought an arms importer and was awarded the contract to supply the Guinean Army. Sylla became a significant supporter of President Lansana Conté, extending overdraft facilities to the Army and spending large sums of money supporting Conté's 2001 referendum to remove term limits.

Sylla was subsequently awarded a large number of government contracts, becoming recognised as Guinea's richest man. In 2003, he was appointed Minister of Justice. In 2004, he took Senegalese nationality, in order to further his business dealings there. The following year, at the request of the Guinean government, he became the founder and leader of the Congress of Guinean Employers.

In 2005, Sylla's firm Futurelec Holding was accused of owing the government over $8,000,000, but he counter-claimed that the state was in fact indebted to him. An independent investigation concluded that while the government owed him $22 million, he actually owed it $55 million, and had a $2.7 million overdraft at the Central Bank of the Republic of Guinea - even though individuals were not permitted to hold accounts there. In 2006, he was jailed, accused of embezzlement of public funds and issuing bouncing cheques. In December, he was pardoned by the personal intervention of Conté. This became a major complaint of the 2007 Guinean general strike.

Sylla became the honorary president of the ruling Party of Unity and Progress on May 26, 2007, in a ceremony at which Conté was present. Sylla was chosen for the position on May 23.^[1]