President Julius Bio of Sierra Leone has inaugurated a commission to investigate accusations of widespread corruption under his predecessor Ernest Koroma, the government said.

A report commissioned by Bio and released on July 4, accused Koroma of taking the economy to the brink of collapse – though the former leader’s APC party dismissed it as a witch-hunt.

Koroma, who stepped down in April after two terms in office, was not immediately available for comment but has denied any wrongdoing in the past and has said the report is part of a smear campaign.

Since Bio took over, former Vice President Victor Foh has been charged with embezzling money while former mines minister Mansaray Minkailu has been charged over his role in the sale of a stake in a mining project.

Lawyers for Foh and Mansaray could not be reached for comment.

“The President has directed the Attorney-General and Minister of Justice to immediately lead on the establishment of a judge-led Commission of Inquiry,” said a government statement released late on Monday.

“Judges will be named “shortly”.

Sierra Leone, recovering from a decade of civil war that ended in 2002, saw its economy hit by a slump in global commodity prices and an Ebola epidemic that peaked in 2014.

The report accused the previous administration of exploiting the Ebola outbreak to award contracts to companies with close ties to APC party officials.

The party dismissed the accusations, saying they were an attempt to distract attention from Bio’s first 100 days in office, which it called a “complete failure”.

NAN reports that the 82-page report accused Koroma’s government of selling a 30 percent government stake in a mining venture to his nephew John Sisay at an artificially low price of about 12 million dollars.

The shares were later sold on for 95 million dollars, the report said.

The report also accused the previous administration, which governed for a decade, of exploiting the Ebola outbreak to award contracts to companies with close ties to APC officials. Cornelius Deveaux, the APC’s press secretary, denied that.

Newly-elected governments in West Africa often accuse their predecessors of corruption.

Those accused in turn frequently say authorities use the judiciary for political ends.

The report recommended audits of the agencies in charge of telecommunications, energy and revenue and social security as well as the central bank and two state-owned commercial banks.

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