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1 trillion FCFA heading for CAR disappears in Cameroon

Defense

Sun, 19 Oct 2014 Source: Aurore Plus

For several weeks the focus of the Cameroonian gendarmerie is conducting at the level of the Secretariat of State for defence, an investigation on the diversion of a US Fund of $ 200 billion for the reconstruction of the Central African Republic.

This case of embezzlement on Cameroonian soil heavily cuts diplomatic relations of Cameroon on the international scene. As a result of the call on the international community by the leaders of the National Transitional Council (Cnt) to rebuild the Central African Republic and put in public services of this country, decimated by the internal war that has reduced it almost in ruins, since the coup d ' état from mid-2013 which had overthrown the former head of State, François Bozié; several states including those in Africa, as well as West react.

It is in this framework that the United States had allocated a Fund of 200 billion dollars (approximately 100,000 billion CFA francs) to contribute to economic, social and structural recovery of this country.

The 200 billion dollars (approximately 100,000 billion CFA francs) which was to pass through Cameroon vanished in nature and never reached its final destination.

Since then, companies for transfer of funds and values which operate in Cameroon (Transval and Cotrava) conversely rejected the responsibility for the disappearance of such funds. The case is under a major investigation in the greatest secrecy in the sleuths of the Secretariat of State for defence (Sed).

And for over a month now, the national gendarmerie, which conducts investigations led by a General de Division still can't find traces of this colossal sum of money.

This disappearance will hamper the diplomatic relations of Cameroon with the international community in general and the USA and CAR directly concerned in particular.

Source: Aurore Plus