Based on data from the National Financial Investigation Agency (ANIF), the National Anti-Corruption Commission (CONAC) has informed that the circulation of illicit financial flows linked, among others, to money laundering, the financing of terrorism and various forms of trafficking continues to deteriorate the Cameroonian economy.

Compared to the previous year, when losses amounted to 124 billion FCFA francs (194 million dollars), the damage at the end of 2021 was 135 billion FCFA (211 million dollars), up.

Banks present themselves as the main vectors of money laundering and other illicit transactions with 73.60% of suspicious statements. In addition, there are Mobile money (4.59%), money transfer companies (18.62%), Microfinance Institutions (EMF) (1.15%), and the rest of the suspicious transactions are carried out by the various actors associated with these sectors of activity. The statistics are based on the exploitation by the ANIF of 784 suspicions during the period under review.