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Guinea coup leader vows to renegotiate contracts
| The Associated Press
Posted: Saturday, December 27, 2008 - 12/27/08
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CONAKRY, Guinea — Guinea's coup leader is vowing to renegotiate the country's numerous mining and trade contracts and warns he will execute anyone who embezzles state funds.

Capt. Moussa Camara says he wants to do away with the corruption that has drained the mineral-rich state's coffers and left the nation's 10 million people impoverished.

Guinea is the world's largest producer of bauxite, the raw material used to make aluminum, and also produces diamonds, gold and timber. Yet its mineral wealth was siphoned off to enrich the country's longtime ruling family and their closest associates.

Camara's group declared a coup on Tuesday following the death of dictator Lansana Conte, who had ruled Guinea for nearly a quarter-century.


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