Cameroon – Misappropriation of VAT funds: Abah Abah acquitted by the Supreme Court

Written by Deckson N.

The Supreme Court delivered its verdict on 19 April in Yaoundé and acquitted the former Minister of Finance. In November 2016, the former Director-General of Taxes (Dgi), Polycarpe Abah Abah was sentenced to 20 years imprisonment for the embezzlement of 1.156 billion FCFA.

This sum represents the value added tax credits. To challenge it, defense lawyers appealed to the Supreme Court. On Wednesday, the Supreme Court, having examined the case at length, cleared Polycarpe Abah Abah.

The facts date back to April 2000 when Polycarpe Abah Abah was a Dgi. While he presided over the ceremony for the delivery of the VAT checks, he realized that it is the checkbook of his personal account which was debited instead of the checkbook of the account entitled “VAT reimbursement” domiciled at the Commercial Bank of Cameroon (CBC).

For the lawyers of the former Minefi, the error comes back to the CBC. They also stated that the latter had seized the bank’s officials and they had acknowledged their fault and apologized. For the lawyers, Polycarpe Abah Abah did not hijack this money. Because, they say, the beneficiary companies are known and have been seized by correspondence for the purpose of returning sums wrongly collected.

Via africtelegraph

Facebook Comments

About the author

Deckson N.

Please wait...

Subscribe to our site and be Informed!

Want to be notified when our article is published? Enter your email address and name below to be the first to know.