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Glencore corruption: investigation into the Cameroonian officials involved

19/06/2024
Source : ORISHAS-FINANCE
Categories: Compliance

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The Minister of Justice, Laurent Esso, has been authorized to seek the British justice system to obtain the names of Cameroonian officials involved in a 7 billion CFA franc corruption case by the company GLENCORE.

The corruption investigation is authorized by the President of Cameroon Paul Biya. It marks a significant turning point in the fight against corruption in Cameroon, and could have significant repercussions on the country's political and economic scene. In reality, the company GLENCORE, a global commodity giant, is accused of having paid bribes to Cameroonian officials to obtain commercial and contractual favors. The charges relate to illegal transactions amounting to 7 billion CFA francs. President Paul Biya, in an act of transparency and the fight against corruption, officially authorized the Minister of Justice, Laurent Esso, to take steps with the British justice system. This authorization aims to obtain the names of the Cameroonian officials involved in this corruption case.

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