25, November 2019
Credible sources within the Interim Government of the Southern Cameroons (Ambazonia) have confirmed that Vice President Dabney Yerima will be announcing the creation of “THE BANK OF AMBAZONIA (BOA) and Chairman of the Board of Governors today November 25th, 2019. The Bank of Ambazonia, AKA “The Ambazonian Njangi House” is an organized all-inclusive Semi-Autonomous Informal Financial Structure (Shadow Bank) with credible representatives from constituent components of the revolution. This will provide the Ambazonian people and communities with alternative but safe sources of funding for Southern Cameroons Restoration without generating additional systemic risk.
Our sources are informed that this decision is guided by sound advice from the international community, Americans and encouraging statements from the Undersecretary of State for African Affairs, Tibor Nagy. The Interim Government is quickly learning to adapt to the fast-changing nature of the Southern Cameroons Restoration quest. After listening to the calls for a more accountable, transparent and inclusive financial structure to better mobilize resources to fund our Restoration, the Interim Government has opted to go back to basics and apply what has worked best for The Southern Cameroons community for the past 58 years.
“The successive murderous regimes in Cameroun shutdown The Southern Cameroons venerable Cameroon Bank and other major financial institutions that served our communities and completely limited access to money and formal financial institutions from our people. However, they underestimated the innovation and resilience of our people in surviving within this system. The sheer determination to survive and develop our communities for the past 58 years of occupation resulted in the establishment of a very robust informal financial sector call “NJANGI HOUSES” (Shadow Banks), that revolutionized economic development and self-reliance of our people to lean on each other” stated Brado Tabenyang Etchu, the Secretary of State for Economy and Finance.
Most of the development and education of the Southern Cameroons communities has been made possible through the proceeds of NJANGI HOUSES. The people of Southern Cameroons (Ambazonia) are again currently faced with similar, but monumental challenges in their quest to restore their independence. The international community and major financial institutions have shutdown access to funding from the Southern Cameroons community to help them prosecute this war of liberation from colonial Cameroun.
The Interim Government has concluded that we are on our own and must rely on our own innovative ways to fund this quest for liberation and there is nothing that has made our people and communities more self-reliant than our innovative NJANGI HOUSE initiatives and it is this inspiration that has guided the Interim Government to form the people’s bank.
“We must keep the enemy wondering because a bank gives us another element of surprise and institutional credibility” The government of Cameroun is incurring and mortgaging our resources to prosecute its genocidal war against our people and we cannot continue to idly watch and do nothing” noted VP Dabney Yerima.
The Bank through its Board of Governors will immediately certify the issuance of $10 million high interest yielding AmbaFreedomBonds (AFB) to the public for sale. Proceeds from the sales of these bonds will go towards financing of the revolution. We are going to incur these liabilities to defend and provide humanitarian relief to our refugees and IDPs and these liabilities are going to be part of any negotiations with the government of Cameroun and the world must take note. Southern Cameroonians and are encouraged to own a piece of their country and patronize the purchase of these bonds as a means to fund the struggle by going to www.ambabondholders.com Bundlers/professional sales agents will be used with a bonds-based commission redeemed at time of bond maturity. Your Bond, Your Freedom!