CAMEROON :: Unhealthy monetary practices on the PAD: The Chamber of Accounts reveals the extent of misuse :: CAMEROON
Investigations into the administration of the Autonomous Port of Douala (PAD) by its common director, Cyrus Ngo’o, alias “the Sicilian”, reveal a monetary chaos that prices a whole lot of billions of CFA francs. The Audit Chamber of the Excessive Court docket, underneath the route of the Presidency of the Republic, confirmed these developments in a damning report.
Damning assertion
The Audit Chamber carried out an in-depth investigation into PAD’s monetary administration. The outcomes are clear: a whole lot of billions of CFA francs have been utilized, bringing the PAD to a foul debt of just about 200 billion CFA francs. The report, despatched to President Paul Biya, instantly factors to the accountability of Cyrus Ngo’o in these graves.
Monetary Scans Printed
Among the many scandals talked about, the PORTSEC case stands out for its scale. Greater than 50 billion CFA francs meant to safe the PAD had been despatched to financial institution accounts in Switzerland and Lichtenstein, earlier than ending up in america. As well as, the disastrous administration of the upkeep of the entry channel to the PAD and the underside of the pier, regardless of the 30 billion CFA francs spent in 2021 to accumulate two scraps, has led to congestion large within the port.
One other exceptional instance is the restore of the dredger Chantal Biya from November 2022 in a shipyard in Nigeria for the primary interval of 5 months. The fundamental contract amounted to 1.3 billion CFA francs, however the modification elevated this quantity to 1.9 billion CFA francs, with none legitimate justification.
Cyrus Ngo’o and Ferdinand Ngoh Ngoh: Defensive Duo
Regardless of these revelations, Cyrus Ngo’o advantages from particular safety from Ferdinand Ngoh Ngoh, Common Secretary of the Presidency of the Republic, nicknamed “the punk man”. Each males are concerned in prison proceedings on the Particular Prison Court docket (TCS) associated to the PORTSEC case. Cyrus Ngo’o was summoned and interviewed twice, however the investigations had been suspended underneath the affect of Ferdinand Ngoh Ngoh, who obtained directions from President Biya to cease the prosecution.
A Resistance to Justice
The report from the Chamber of Investigators solely confirms the fees which have already been introduced in opposition to Cyrus Ngo’o in courtroom. Nonetheless, his protection is making elaborate efforts to convey him to justice. This example is much like the case of Martinez Zogo, the place Ferdinand Ngoh Ngoh additionally instructed the Minister of Defence, Joseph Beti Assomo, to cease the investigations, even when these had been geared toward acquiring permission to interview Common Secretary of the Presidency.
Corrupt and guarded system
These revelations spotlight the depth of corruption inside Cameroonian establishments and the way tough it’s to conduct neutral investigations when senior officers are concerned. The safety that Cyrus Ngo’o is receiving exhibits to what extent the system is trapped by alliances and political influences.
The report of the Chamber of Auditors on monetary dealings on the Autonomous Port of Douala reveals disastrous administration and large harm to public funds. The combat in opposition to justice from Cyrus Ngo’o, with the assist of Ferdinand Ngoh Ngoh, exhibits the good challenges dealing with Cameroon in its combat in opposition to corruption. To revive public belief and guarantee clear administration of public establishments, strict measures and unbiased audits are important.
