A year ago, in June, a group of bankers entered a US Treasury office in Washington to perhaps fulfill one of the most important missions of their careers: to save a country from financial collapse. Among them, Willy Mulamba, the highest executive of Citigroup Inc. in the Democratic Republic of Congo, a country rich in mineral resources but extremely poor in Central Africa. Mulamba, a 51-year-old Congolese banker who returned to the Congo after years abroad, was part of a small, desperate team to dissuade U.S. Treasury officials from cutting…
Read More