Camwater: Officials involve in FCFA 8 bln scandal

Camwater Office Cameroon Water Utilities (CAMWATER) office

Wed, 27 Apr 2016 Source: kmersaga.com

These are the main financial officials who officiated in the era of the former General Manager of the Cameroon Water Utilities (CAMWATER).

Since the dismissal of Jean William Sollo at the head of the Cameroon Water Utilities (CAMWATER), well introduced sources in the company said Dieudonne Mah, Administrative director, and a certain Mr. Onguene, Financial Assistant Director under the old DG could appear before the Special Criminal Court alongside their former boss.

If one believes the newspaper La Nouvelle Expression on newsstands this Monday, April 25, 2016, “These two officials of CAMWATER secretly undertook to falsify incriminating accounting documents. They did so, according to our sources, amounting to 8 billion FCFA, “.

The problem was discovered, we are told, thanks to resources gathered from banks that have the accounts of CAMWATER. Indeed, not having thought that banks had the second copy of the forged documents, “the two men of the former DG did not consider to do their dirty work in that direction.”

So, the new management team was able to compare the documents provided by the relatives of the former DG and those provided by banks. Mr. Onguene was consequently suspended pending thorough investigations that could reveal other indiscretions.

The newspaper mentions the “many” malpractices attributed to the former DG of CAMWATER. It is for example the case if the cars “scattered” throughout the national territory. The newspaper said they spotted one of them in a garage opposite the Vogt College of Yaounde. Jean William Sollo created, we are told, “a sales commission to auction vehicles belonging to CAMWATER.

Fifty large 4×4 Prado type cars, less than 5 year-old. The cars were then sold off credit to nearly 2 million FCFA to members of the coterie, in private. ” Only, the commission saw itself being rewarded with a bonus of 70 million CFA francs, but she paid the company under 5 million FCFA.

Source: kmersaga.com