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CAMPOST to consolidate the data of the accounts affected by the 2004 scandal

CAMPOST to consolidate the data of the accounts affected by the 2004 scandal
  • Comments   -   Friday, 20 April 2018 18:27

(Business in Cameroon) - Some of CAMPOST’s clients whose accounts have been affected by the crisis in 2004 must be patient. This is what was decided during the meeting of the interministerial committee in charge of the public institution’s restructuring on April 19, 2018, in Yaoundé.

During that meeting, Pierre Kaldadak, the managing director of CAMPOST informed that the data they have is unreliable, they need to consolidate the figures and in due course, they will present the consolidated data to the government so that it can find solutions for the affected accounts.

Let’s remind that in 2005, the first audit conducted by Okalla Ahanda concluded the same thing. At that time, the audit firm also revealed that some of the accounts seemed dubious and there was inadequacy between the account balances and the operation declared by the owners. “When a bricklayer’s account or a housewife’s own has between CFA30 million to CFA40 million in it, this should raise questions”, the audit firm said. It then concluded that a consolidation of the data was necessary.

For the record, the scandal of CAMPOST came to light in 2004 when the company was unable to refund its clients. An independent cabinet then investigated and discovered that fictitious bank accounts were created with the complicity of some of CAMPOST’s agents.

S.A

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