Members of Government, civil servants within the Ministry in charge of Mines and Geology and other civil servants involved in the management of the mining sector, may not have a direct or indirect financial interest in mining companies or their direct or indirect subcontractors.
Under pain of sanction, they are required to declare their interests and/or to declare themselves incompetent to participate in taking any decision with a direct or indirect impact on their interests.
In the same vein and under pain of sanction, executives and agents of mining companies may not hold a direct or indirect financial interest in companies with a direct or indirect subcontract with the company that employs them, and/or other companies with any financial interest whatsoever with the companies for which they work as employees
Any subsidiary of the titleholder or of one of its shareholders must file a prior declaration of identity specifying the nature of the relationship in any tender with an economic and financial stake regarding mining companies in Guinea.