Trouble Yves Michel Fotso let foresee a fierce battle for control of Cbc, unless it is Justice that starts at his heels
The ennu
IS Yves Michel Fotso begin while negotiations were very advanced with some foreign partners for the recapitalization of the CBC. Many observers believe, moreover, that the war between Yves Michel Fotso administration has two main issues: the need to shed light on the 7.5 billion francs which would have been diverted through the purchase of presidential plane "case albatross" and control of the CBC. Both scenarios are possible. Proponents of the first hypothesis point out that the withdrawal of the passport of the former ADG Camair comes just days before the resumption trial of the case Albatros is to say, Thursday, November 18, 2010. It should not therefore leave out "Yves Michel Fotso out the risk of seeing him not to return to the country while the trial is already open" . The evidence, they argue, "at the last hearing, was expected Yves Michel Fotso, Michel and Jean-Marie Meva'am'Eboutou Assen Nkou the court and they do not show." Should be recalled, the judge Pascal Magnaguémabé responsible for this matter was signed February 5, 2010, the order of reference asked the call involved 15 other people previously not arrested.
Of these, there are also Yves Michel Fotso, Ephraim Inoni, Marafa Hamidou Yaya, among others. As regards Yves Michel Fotso, J. relied on the report of the expert commission for the financial audit of the use of 24.5 billion CFA francs disbursed by the NHC for the acquisition of the aircraft President on behalf of the Presidency of the Republic. According to the financial expert, 7.5 Billion CFA francs would be returned to Cameroon via the CBC to be distributed among several individuals. "It is question, our source continues, to put pressure on Yves Michel Fotso to give us the names of those persons " . For them, therefore, orders the withdrawal of the passport of Yves Michel Fotso would come either directly from the Chancellery or the judge through the Chancery. Many people see the hand behind the withdrawal of Edgar Alain Mebe Ngo'o, current Cameroonian Minister of Defence.
Proponents of the second hypothesis is no shortage of arguments. For them, things are so clear. "It's when Yves Michel Fotso preparing to take the flight to go to Bangui complete with its partners Contracts for the Cbc recapitalization of those who want to retrieve this bank have operated their networks to prevent it from leaving the country. Things are obvious to us: Essimi Meny, Amadou Ali, Edgar Alain Mebe Ngo'o are on the ball " . He continued: "A mafia involving our Minfi and Sg Cobac wanted to sell the bank Fotso under false pretenses. But the latter, supported by the IMF and the Head of State of Cameroon, has made three restructuring plans unbeatable, even up to pledge all its assets valued at hundreds of billions of CFA francs. At the same time, large financial groups world tributary to express an interest to enter the capital of the bank. Then he must go abroad to finalize all contracts " .
This assumption is especially plausible December 12, 2009, Essimi Meny had hastily declared that no longer belonged to the group Cbc Fotso. December 06, 2009 at the Cameroon Radio Television (CRTV), the Minister of Finance had made statements letting show his true intentions: "In the case of the CBC, it was found that there actually was a management amateur. The CEO told everywhere he was a good manager, but today we are facing a bank with a capital that is not zero. The capital of the Cbc is negative 21 billion CFA francs. " . In addition, "The Cobac, after several studies found that the CBC needed a lift-up, an upgrade of its own funds, since I know there is need to re-emphasize that that bank revive. Without emotion, we should make it a bit of new blood at its financing [...] From a government anxious for a better functioning of our banks, we received instructions the upper echelons that the Ministry of Finance to participate in equity financing. In the coming weeks we will make available to that institution a financial package to help refinance the equity through a restructuring plan which is in preparation [...] We will not take more than 20% of capital who will agree to allow the bank to resume normal activities " .
One thing is certain, those who want to monopolize the CBC has always demanded the departure of Yves Michel Fotso Pca.
One thing is obvious as regards the second hypothesis. A restructuring plan that should bring serenity was submitted October 25, 2010, at the discretion of COBAC which, according to some sources, was seduced. This restructuring plan is expected to restore calm in the institution and enable the group to keep Fotso a prominent place in the absence of the bank's management. According to some indiscretions, two foreign partners, the Ivorian group Nsia and Qatar Islamic Bank, have already expressed an interest. If things go normally, ie if the partners enter the capital of the CBC, then the state Cameroon's no longer have to pay a penny for the refloating of Cbc. According to indiscretions, all this information has already been notified to the Head of State. ©
Junior Etienne Lantier.
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