logoBC
Yaoundé - 24 April 2024 -
Companies

Cameroon: CFA3 billion of unpaid invoices required from Prime Potomac, in charge of the construction of AFCON2019 infrastructures in Garoua

Cameroon: CFA3 billion of unpaid invoices required from Prime Potomac, in charge of the construction of AFCON2019 infrastructures in Garoua
  • Comments   -   Wednesday, 04 July 2018 18:41

(Business in Cameroon) - On July 3, 2018, an association of 32 companies which supply goods and services for the construction of AFCON2019 infrastructures in Garoua, North Cameroon, sent a memorandum to Jean Abaté Edi’i, governor of this region.

In the document, they invited the official to urgently step in for the payment of their invoices to Prime Potomac, the company in charge of the construction of the Poumpoumré,  Rey-re, Cenajes, complexe Sodecoton and Hôtel du stade stadiums.

According to the plaintiffs, their unpaid invoices toward Prime Potomac, which signed a CFA26 billion private agreement with Cameroon, amounts to CFA3 billion.

We have been working with them since works started at the various construction sites. We did owe some of the suppliers and the debt sometimes amounted to about CFA2 billion. However, we have paid them without a hitch. You can’t suddenly decide to stop supplying a business partner which regularly requires your services and pays your invoices”, Prime Potomac’s CEO said to the tri-weekly L’Œil du Sahel before adding that “some people lurking in the shadows are working to make it impossible for Cameroon to host the AFCON2019”.  

 Let’s remind that before this press statement, some of the technicians recruited on these construction sites were about to go on strike to require the payment of about three to six months salary Prime Potomac owed them.

What is happening today may be extraordinary but, we predicted it. Indeed, we were amazed to notice that in the last three or four days, some people have been going around town offering CFA10,000 to each worker for their involvement in a strike being prepared”, the CEO explained to defend himself.  

Let’s remind that at the time, when the construction of some of AFCON2019 infrastructures was entrusted to those companies, some people reminded that some years ago, the promoter was unable to successfully complete the construction of a stadium the national football federation FECAFOOT entrusted to the company.

BRM

cameroon-fao-sign-2-7mln-deal-to-support-smallholder-farmers
Cameroon and the Food and Agriculture Organization (FAO) signed a framework agreement worth over CFA1.617 billion (about $2,731,076) to support...
cameroon-govt-cracks-down-on-rice-merchants-defying-price-regulations
The Ministry of Commerce has been on the hunt for merchants found guilty of not adhering to the new approved prices for rice. Official sources report that...
camtel-seeks-legal-advocates-nationwide-to-safeguard-corporate-interests
Cameroon’s incumbent operator Camtel issued a call for applications on April 19 to recruit six lawyers and six law firms across the nation's ten regions...
mayor-of-bafoussam-i-explores-islamic-finance-for-local-projects
Cyrille Ngnang, mayor of Bafoussam 1 in the West region, took part in the "Community Days of Islamic Finance-Cemac," held in Yaoundé from April 22 to 26....

Mags frontpage


Business in Cameroon n110: April 2022

Covid-19, war in Europe: Some Cameroonian firms will suffer


Albert Zeufack: “Today, the most important market is in Asia”


Investir au Cameroun n120: Avril 2022

Covid-19, guerre en Europe : des entreprises camerounaises vont souffrir


Albert Zeufack: « Le marché le plus important aujourd’hui, c’est l’Asie »