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DRC Minister Owned Shares in Company That Made Millions from Road Project

ID: 8cd13e28-d55a-557d-8ffb-f7c76a5ba9f4

STIX ID: report--8cd13e28-d55a-557d-8ffb-f7c76a5ba9f4

Feed Name: Organized Crime and Corruption Reporting Project

Date Published: 2025-07-18

Date Updated: 2026-03-26

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An investigative piece examines allegations surrounding businessman Simon Cong’s management of DRC highway concessions, notably the RN1 toll road, citing a 2021 Inspectorate General of Finance document that claims undeclared toll revenues and up to $48 million in inflated construction budgets. With limited official responses, experts urge an independent audit to assess the integrity of these deals and their implications for international funding. The report also profiles Cong’s dominant role in DRC infrastructure and his relationship with politician Laurent Loando within the broader context of minerals-for-infrastructure arrangements.

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