|Banro Corporation and group of former employees|
|Description||Specific instance notified by a group of individuals regarding the activities of a Canadian multinational enterprise operating in the Democratic Republic of Congo.|
|Date||26 Feb 2016|
|Host country(ies)||Democratic Republic of the Congo|
|Industry sector||Mining and quarrying|
On 26 February 2016, a specific instance was submitted to the Canadian NCP by a group of five former employees of the Société Minière et Industrielle du Kivu (SOMINKI) in liquidation, located in Kalima (South Kivu) in the Democratic Republic of Congo (DRC), alleging that Banro Corporation had not observed the Guidelines in the DRC.
More specifically, the submitters claimed that Banro failed to settle the final accounts of 4,987 former employees of SOMINKI following the creation of SAKIMA SARL (93% owned by Banro) in 1997 and transfer of SOMINKI’s mining assets, namely, mining titles to SAKIMA.