Cameroon – Misappropriations: 4 billion F CFA shortfall for 2016 fiscal year

Written by Deckson N.

The Road Fund deplores a deficiency of 4 billion CFA francs in its funds for the year 2016, it is learned from a member of the Management Committee of the Road Fund who strongly requested anonymity.

The Road Fund, the body that provides funding for programs to protect road assets, road safety and prevention, and the maintenance of the entire Cameroon road network, deplores a shortfall of 4 billion CFA F for the financial year 2016.

We have noticed a shortfall of 4 billion CFA francs in our accounts for the year 2016. That is precisely the amount of the shortfall to be collected from the Road Fund for road tolls,” says our source at Cameroon Road Fund, who does not tell us the amount of the 2016 financial year.

No information has filtered to tell us if this is a misappropriation.
However, indiscretions within the management committee point to the embezzlement at the toll booths.

At the end of 2015, toll revenues exceeded CFAF 6 billion.

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Deckson N.

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