BICEC Financial Scandal: Trial of former deputy GM, others to begin soon in Douala
Cameroon Intelligence Report has learnt that all is now set for the trial of senior executives of the International Bank of Cameroon for Savings and Credit (BICEC) recently arrested and imprisoned at New Bell in Douala for forgery, breach of trust and aggravated fraud.
Information has also filtered out that all French nationals who were involved in some way in the financial scandal have been relieved of their duties by the French banking group. The Cameroonian justice system is now expected to examine the big man seen here on photo attached to this report, former Deputy Director Innocent Ondoa Nkou and his compatriots, Samuel Ngando Mbongue, Martin Nyam and others imprisoned at New Bell prison in Douala.
The State of Cameroon with 17.50% stake in BICEC has accused its citizens of betraying its interests. For its part, the French government has been very concerned to protect its image and its nationals, ever since the beginning of this incredible case. The General Directorate of BICEC is still maintaining a kind of deliberate silence and has blatantly refused to say more about the nature and extent of the fraud.
By Sama Ernest