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Bongo has led the central African oil producer since winning a 2009 election that followed the death of his father, longtime President Omar Bongo.
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"All the revenues from my share of the inheritance will go to a foundation for youth and education because everyone knows — and I say it again — that the youth were sacred in the eyes of President Omar Bongo Ondimba," he said.
Omar Bongo's heirs had together agreed to hand over to the Gabonese state a villa in Libreville that would house a university, he added.
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