2008 Comoros Economic Citizenship Program at the
Said Mohamed Cheikh stadium in 2009 In 2006 Bachar Kiwan, the founder of Comoro Gulf Holding (CGH) began to lobby the
Comoros legislature to enact a controversial citizenship by investment scheme in which his close associate, Comoros ex-President
Ahmed Abdallah Sambi would have discretion to grant citizenships. Promises of an investment of more than $100 million on behalf of wealthy Gulf investors were made by Comoro Gulf Holdings (CGH), to sell the legislation to Comoran lawmakers. In 2008,
Said Attoumani, the former Comoran minister responsible for promoting foreign investment, praised the expected $100 million from wealthy Gulf investors in support of the prospective law. In a Comoran parliament debate in July 2008, the parliament rejected the proposed economic citizenship law, claiming that it would be equivalent to auctioning off Comorian nationality. ,
Majd Suleiman, Sheikh Sabah Jaber Mubarak Al-Sabah, and Mohammed Al-Otaibi, pictured during a dinner with members of the Comoran parliament at the Sheraton Hotel, Kuwait City, in October 2008. The new law was passed in November 2008 after a number of "fact-finding" missions by Comoran politicians to Kuwait and the UAE organized by Comoro Gulf Holdings partners Bachar Kiwan, Majd Suleiman, Sheikh Sabah Jaber Mubarak Al-Sabah, and Mohammed Al-Otaibi After passage of the law, the former secretary-general of the Comoros parliament, Aboubacar Said Salim, was hired by Comoro Gulf Holdings (CGH). After the
2008 invasion of Anjouan that deposed former
President of Anjouan Colonel Mohamed Bacar, posters of Sambi proclaiming that he was the "father of national unity" appeared all over the country, with the Comoro Gulf Holdings logo in the corner. Comoro Gulf Holdings' newspaper,
Al-Balad, mostly reprinted pro-Sambi articles and promoted Comoro Gulf Holdings activities. During the fuel shortages that followed the invasion, CGH's bank on the island,
Banque Féderale de Commerce, reportedly made $3–5 million in revolving credit available for petroleum imports. == Affiliated businesses ==