Niger junta arrests senior politicians after coup, debt issue cancelled

Niger junta arrests senior politicians after coup, debt issue cancelled

World

Niger junta arrests senior politicians after coup, debt issue cancelled

NIAMEY (Reuters) - The military junta that seized power in Niger detained three more senior politicians from the ousted government on Monday, their party said, widening arrests in defiance of international calls to restore democratic rule.

As turmoil from the takeover spread from the streets to the markets, sources said the regional central bank had cancelled Niger's planned 30 billion CFA ($51 million) bond issuance, scheduled for Monday in the West African regional debt market, following sanctions.

The African Union, the U.N., the European Union and other powers have condemned the junta's overthrow of elected president Mohamed Bazoum last week - the seventh military takeover in less than three years in West and Central Africa.

The coup has raised fears for the security of the surrounding Sahel region. The United States, former colonial power France and other Western states have troops in Niger and had been working with the government battling militant forces linked to Islamic State and al Qaeda.

Western concern over the coup is also sharpened by Niger's position as the world's seventh-biggest producer of uranium, the radioactive metal widely used for nuclear energy and treating cancer.

Junta forces arrested the ousted government's mines minister, the head of the ruling party, and oil minister Mahamane Sani Mahamadou, who is also the son of former president Issoufou Mahamadou, the Nigerien Party for Democracy and Socialism (PNDS-Tarayya) said.

The interior minister, transport minister, and a deputy had already been detained, it added.

The arrests confirm the "repressive and dictatorial" nature of the coup leaders, the party said in a statement, calling on citizens to come together to protect democracy.

The arrests were announced a day after Chadian President Mahamat Idriss Deby arrived in Niger to try to mediate between the coup leaders and the ousted government.

Late on Sunday he posted what appeared to be the first images of Bazoum since the takeover, showing him smiling and apparently unharmed. Deby said he was trying to "to find a peaceful solution," without going into further detail.

West African regional bloc ECOWAS has imposed sanctions on Niger, including a halt in all financial transactions and a national assets freeze, and said it could authorise force to reinstate Bazoum, who was locked in his palace by members of his guard on Wednesday.

Niger, which is one of the world's poorest countries and largely depends on external aid and financing, was expected to issue two other bonds in the regional market on Aug. 7 and Aug. 17, on top of the cancelled July issuance, according to an issuance calendar of the regional debt management agency.

Later on Sunday, the junta accused France of also planning to launch an operation to free Bazoum.

The French Foreign Ministry did not confirm or deny the accusation but said Paris recognised Bazoum as the only legitimate authority in the West African country and was focused on protecting its own citizens and interests there.

The junta previously warned against foreign attempts to extract Bazoum, saying it would result in bloodshed and chaos.