(Business in Cameroon) - The Cameroon International Bank of Savings and Credit (BICEC), local subsidiary of the French Group Banque Populaire (BPCE), is actively looking for Mr. Samuel Ngando Mbongué, who occupied the position of Director of Accounts and Treasury within this banking institution until he disappeared.

This BICEC senior official has not been seen since 29 February 2016, we learn from internal sources at the bank. Some weeks before his disappearance, an internal inquiry had been opened by the bank, in order to clarify some incoherence observed in the bank's accounts.

According to revelations in the Cameroonian daily of 7 March 2016, Samuel Ngando Mbongué is suspected of "fraud in the acquisition or sale of fixed assets", for an amount of about FCfa 3 billion.

In other words, a source close to the dossier informs, thanks to a well oiled system, this BICEC official would have declared orders of goods on behalf of the BICEC for which he cashed payments without these items being known to the bank.