Glencore, to pay over 11 trillion FCFA for tax evasion Cameroon has secured a historic legal victory against global trading giant Glencore, which has been ordered to pay over 11 trillion FCFA for tax evasion and overbilling in oil contracts. This could be a massive financial boost for the country. Barrister Akere Muna, now a…
Cameroon: a case of state plundering. Cameroon is a blessed country by nature, a nation that should be prosperous and has everything needed to succeed. Each year, hundreds of billions of CFA francs vanish, stolen from the people. In 2021, Cameroon reportedly exported 4 kilograms of gold to the United Arab Emirates, but Emirati customs…
DEFICIENCIES IN THE CONSTRUCTION WORK OF THE YAOUNDE-DOUALA HIGHWAY. All this information will be exploited even after your departure, as you claim that it is the Minister of State, Secretary General of the Presidency of the Republic, Mr. Ferdinand NGOH NGOH, who is protecting you by giving false information to the Head of State, H.E….
Statement on Corruption in the Hydrocarbon Sector in Cameroon. By Akere Muna, a Presidential hopeful Fellow Cameroonians, It is in total stupefaction that I have decided to address you today. The hydrocarbons sector, which should be a driving force for our nation’s development, is now plagued by corruption, nepotism, and the hijacking of public wealth…
Shocking! Cameroun: Directors steal over XAF 143 billion Supreme state audits reveal that directors of public companies and parastatals have stolen 143,000,000,000 francs CFA from the Cameroonian people between 2008 and 2024 And that’s an estimate by the government’s service, ohh! Imagine if we had an independent audit to do the work, the amount would…
C’est un coup dur pour la diplomatie de la Fédération Ekang. Car initialement ayant plaidé coupable pour blanchiment d’argent, escroquerie à l’echelle internationale, faux et usage de faux, usurpation et trafic de substances illicites, leur avocat avait promis au bureau du procureur leur totale coopération contre une révision de leur condamnation à 20 ans c’est-à-dire…
This is a major blow to the Ekang Federation’s diplomacy. Having initially pleaded guilty to money laundering, international fraud, forgery, impersonation, and trafficking in illicit substances, their lawyer had promised the prosecutor’s office their full cooperation in exchange for a review of their sentence to 20 years, meaning 10 years in a Vietnamese high-security prison,…
30 year imprisonment for Cameroun Ex- minister who steals 23,800,000.000. FCFA Former Cameroun’s Minisłer of defense, Alain Mebe Ngo’o, was sentencėd to 30 years imprisonmenł for embezzIing 23.8 biIIion This huge amount is capable of employing 1000 people on a salary of 100FCFA each for almost 20 years, or 500 people on a salary of…
A US court awarded Ghanaian investigative journalist Anas Aremeyaw Anas $18m (£14m) in damages after a jury said former Ghanaian MP Kennedy Agyapong defamed him. The case stems from comments Agyapong made about Anas after his BBC investigation in 2018 that exposed football corruption in Ghana and elsewhere. The court heard that Agyapong, among other…
Debts are not bad. Where debts become problematic is the type of investments for which they are destined and how they are executed. What about this for your appraisal? In la republique du Cameroun for instance: 1) 100 billion to buy “laptops” which are like toys. 2) more than 2000 billion to build football pitches…
