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Yaoundé - 20 September 2017 -
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CNPS suspends its collaboration with Express Union Finances, on payment of social security contributions in Cameroon

CNPS suspends its collaboration with Express Union Finances, on payment of social security contributions in Cameroon
  • Comments   -   Sunday, 16 July 2017 07:34

"(Business in Cameroon) - The Managing Director of the National Social Security Fund (Caisse Nationale de Prévoyance Sociale - CNPS), informs all the employers who pay their social security contributions to the CNPS, that Express Union Finances no longer forms part of the micro-finance institutions admitted to receive payments of social security contributions. Therefore, all payments made into this establishment will be considered as null and void". This is the content of a communiqué signed on 12 July 2017 by Alain Olivier Mekulu Mvondo Akam, MD of the CNPS, public operator in matters of social security.

Cependant, la même source soutient que la confiance pourrait être rétablie entre les deux entreprises, dans la mesure où Express Union Finances aurait déjà reconnu sa méprise dans une lettre d’excuses adressée au DG de la Cnps.

From authorised sources, this decision is a consequence of the war being waged for some time now between the MD of the CNPS and his accounting officer, and in which Express Union Finances seems to have taken the side of the latter, flouting certain instructions from the MD, who however answers for the management of the CNPS. "This is the consequence of certain misunderstandings. Express Union Finances is a collateral victim of the rift between the MD and his accounting officer", whispers our source. However, the same source claims that confidence could be restored between the two institutions, in so far as Express Union Finances has already acknowledged its mistake in a letter of apology addressed to the MD of the CNPS.

BRM

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