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Cameroon – BICEC Scandal: Foreigners might be involved too, but only Cameroonians are arrested!

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Written by Deckson N.

Since August 8, some executives are gnashing their teeth in the New Bell central prison in Douala. However, sources indicate that other culprits are free.

The information is relayed by the Emergence newspaper edition of 16 August 2016. In the case of embezzlement in the BICEC, sources report that some guilty persons are still free. Yet since 8 August, some executives from the bank of Cameroonian nationality are incarcerated at the New Bell central prison in Douala. We still remember that the arrests of the named Innocent Ondoa Nkou former Deputy Managing Director and Samuel Ngando Mbongue the Director of Accounting and Treasury had tongues wagging. With other staffs, the justice suspected them of embezzling nearly 50 billion CFA francs.

However the Daily Emergence in its column examines the fate of foreigners and their involvement in the hijacking case. “Sources close to the institution entrusted that there are many other people involved in this case via signatures as well as via embezzlement in the hierarchy. Some indiscretions believe that employees could suspect the machinations of the bank executives. But given that they are senior executives, no one could say a word, for fear of being fired or disappear in a strange way, especially that all suspects are influential people of the country, “the newspaper writes.

On the menu of questions around this financial scandal of BICEC, some wonder why the previous General Managers have not found these malpractices? Based on the fact that the period of the alleged offense is committed from 2003 to 2012. How could the internal controls not see anything? Why only Cameroonian nationals arrested?

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Deckson N.

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