Finance Minister in hot waters over a 24 billion FCFA payments made to a CPDM tycoon ⁰

The Minister of Finance has been accused of paralyzing public finance as many service providers are unable to reclaim their funds due to a fictitious financial slump within his department. Information has also filtered that Cameroon is broke and the state is no longer able to meet some of its commitments.

However,Cameroon Concord News gathered recently that the Minister of Finance, Alamine Ousmane Mey approved the payment of 24 billion FCFA to the billionaire Baba Danpullo who reportedly is a President Biya acolyte. The reasons for this payment have not yet been clarified and made public. But what we do know is that the payments to the CPDM tycoon, Baba Danpullo were made spontaneously while other invoices validated for payments to some economic operators and other service providers have been tripping for several months at the premises of the ministry.

The CPDM Francophone pattern of governance provides for payments to some people at the detriment of several others. The Minister had reportedly told some other businessmen and women that the war on Boko Haram had emptied state coffers but was quick to dish-out 24 billion CFA to Baba Danpullo. Minister Alamine Ousmane Mey comes from a family whose fortunes have been linked to the Biya administration for more than 40 years. His father was a close confidante of Biya under Ahidjo.

By Rita Akana