CORRUPTION IN CAMEROON: BICIC BANK AND CONGELCAM INDEXED
This is the eighth report published by Conac since its creation in 2007.
The National Anti-Corruption Commission (Conac) denounces the embezzlement of more than 118 billion to the international bank of savings and credit and more than 32 billion F.Cfa to Congelcam.
The report on the state of the fight against corruption in Cameroon in 2017 was presented on December 28 in Yaoundé by the National Anti-Corruption Commission (Conac). This 366-page report indexes two large private companies: the International Bank for Savings and Credit (Bicec) and Congelcam.
The missions of investigations, control and investigations carried out by the Conac in the said companies reveal the misappropriation of the public funds in the project of compensation of the victims of works of development of the access road West of the city of Douala . This report also spreads Apee’s fees to Bali’s bilingual high school in the North West region.
With regard to the bank, Conac reported embezzlement during the period 2003-2015. These misappropriations concern the award
markets, fraud, internal and external technical assistance, temporary occupation rights of public roads, the abandonment of claims, the payment of fees to certain lawyers and the payment of cash and large sums to service providers. According to Dieudonné Massi Gam’s, the president of the Conac, the amount of money misappropriated and the financial damage suffered by the State of Cameroon, which holds 17.5% of the capital figure of the bank suffered a loss of 118 billion 275 million 239 thousand F.Cfa between 2003 and 2015.
In the case of Congelcam, Dieudonné Massi Gam’s noted that: “the verification mission has found facts of customs and tax fraud, irregular transfers of capital, corrupt practices. These charges against Congelcam and its managing director are estimated at CFAF 32 billion.
The project to compensate the victims of the development works of the west access road to the city of Douala has highlighted, according to Conac, a
certain number of irregularities. These are cash payments of benefits exceeding CFAF 500,000 to beneficiaries,
payments by unauthorized persons. Conac also notes an undue payment of CFAF 67 million.
In the 2017 school year, Conac notes that 14 million F.Cfa, representing the association fees of parents of students (Apee) were distracted by the officials Bali’s Bilingual High School in the North West Region.
The last case revealed by Conac concerns a secondary school teacher who received a double salary. The mis en cause agreed to pay the sum of 6 million CFA francs to the public treasury. According to Dieudonné Massi Gam’s, these five investigations allowed the state to earn 52 billion 191 million CFA francs.
With regard to other activities carried out by Conac in 2017, this institution has continued its efforts to implement the National Strategy to Combat Corruption (Snlcc) by intensifying its prevention, investigation and cooperation activities. Prevention activities included the evaluation of regional anti-corruption action plans, the establishment of the national integrity education program, and awareness campaigns. This is the eighth report published by Conac since its creation in 2007.