ARSP flags nearly $20 billion in annual mining subcontracting losses
DRC subcontracting regulator Juan Ted Beleshayi says nominee firms used to evade local ownership rules may deprive the state of nearly $20 billion each year.
- Publish date: 2026-10-04
- Category: Mining & Minerals
- Original source: Radio Okapi
- Reading time: 1 min
Enforcement against front companies
At a 1 October press conference, ARSP director general Juan Ted Beleshayi said the use of front companies to bypass rules reserving subcontracting for Congolese-owned firms was costing the state nearly $20 billion annually, mainly in mining.
Tighter checks planned
Beleshayi said the authority would strengthen contract controls and enforce local-content rules. The figure is the regulator’s estimate of losses from irregular practices, not a separately audited fiscal total.