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| Minister of Finance Alamime Ousmane Mey |
The Minister of Finance Alamine Ousmane Mey has been implicated in
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| Ngole Ngole - Former Minister |
an embezzlement scandal of 1,738 billion, when he was the General Manager of Afriland First Bank. The money is said to have been funds allocated for projects meant for reinforcement of initiatives of local communities for the community management of forests resources. In 2005 the state opened an account with Afriland First Bank where the sum of 3 billion francs CFA was deposited. According to Esingan Newspaper which first published the story, this was the outcome of a tripartite convention between the Ministry of Forestry and Wildlife, the Ministry of Finance and the Camdev Company for the management of the said project. In 2010 while Alamine Ousmane Mey was still General Manager of Afriland Bank he debited an account tot he tune of 1,738 billion francs CFA to his benefit. It was therefore the responsibility of the bank to honour its engagement in a transaction with one Kaptue Tagne, an official of the Camdev company and co-manager of the project. For this reason, the officials of the bank fraudulently carted away about 1,700 billion francs CFA within a period of three years and the amount had generated 38 million francs CFA interest. Thus it has also been revealed that fake signatures were used. Notably that of the then Minister of Forestry and Wildlife, Elvis Ngole Ngole. There is however no prove that the signature of Alamine Mey was also fake because it was affixed to all documents. Thus the General Manager of Afriland Bank and other top officials of the bank notably ngon Herve Stephani, Dadjeu Kegne Olivier, Foti Dzudie Gilles pocketed this money.
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