logoBC
Yaoundé - 23 April 2024 -
Construction

Piccini opposes the auction of containers it left at Olembé stadium

Piccini opposes the auction of containers it left at Olembé stadium
  • Comments   -   Wednesday, 25 November 2020 14:51

(Business in Cameroon) - In a statement issued on November 24, 2020, the Italian company Piccini (withdrawn from the construction of the Olembé stadium) opposed the auctioning of its containers on the Olembé stadium.

According to the representative of this company in Cameroon, this "auction" (scheduled for November 25, 2020, by the Ministry of State Properties and Land Affairs) is "illegal". Piccini also reserves the right to prosecute those responsible for this auction "unfounded and organized in violation of legal and contractual provisions."

In February 2020, Piccini had denounced the bailiff sale of a set of construction equipment it left on the Olembé stadium’s construction site. The equipment included containers, dump trucks, shovel loaders, crawler tractors, and other cranes.

BRM

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....
cameroon-plans-debut-debt-buyback-on-beac-securities-market
Cameroon's Treasury is planning a debt buyback operation on the public securities market of the Central African States Bank (BEAC) in May. Sources within...
cameroon-investment-forum-wraps-up-with-honors-for-investment-champions
The 4th edition of the Cameroon Investment Forum (CIF), hosted by the Investment Promotion Agency (API), concluded on April 19 in Douala with the...

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 »