Kinshasa — Democratic Republic of Congo (DRC) President Joseph Kabila and his family own stakes in more than 80 companies at home and abroad that are likely to be worth tens of millions of dollars, a report by a US-based body said on Thursday. The report by the Congo Research Group at New York University is based almost entirely on public records such as land titles and incorporation documents. It is the most comprehensive mapping to date of Kabila and his family’s fortune, after two decades in charge of Africa’s top copper producer. Reuters was not immediately able to independently confirm the information in the report, which does not allege wrongdoing by Kabila. The president is barred by the DRC’s constitution from being involved in a professional activity but not from owning companies or making investments. "No one is barred from having assets because he is from the Kabila family," government spokesperson Lambert Mende. "If someone thinks that [Kabila] committed an objectionable...
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