The National Anti-Corruption Commission (Conac) published its report on the state of the fight against corruption in Cameroon in 2023. The document reveals that during the year, the National Financial Investigation Agency (ANIF) listed suspicious financial flows worth a total of 1665.4 billion CFA francs (+180% year-on-year, according

Fruit of the exploitation of the 965 suspicious transaction reports (DOS) sent to ANIF by banks, microfinance institutions, mobile money operators, mobile money operators, fund transfer companies, fund transfer companies, fund transfer companies, fund transfer companies, lawyers, notaries and other public administrations, these suspicious financial flows, we learn, have been the subject of 447 reports transmitted to the competent courts and authorities of the country.

“Various fraud cases are the largest in terms of the number of files transmitted (they practically tripled between 2022 and 2023, editor's note). They represented more than half (50.6%) of transmissions in 2023. The activities detected include tax fraud (60% of cases), customs fraud (40%), land transaction fraud (7%), bank card fraud (5%). The most frequent methods of operation concern the illicit transfer of funds abroad through the misuse of bank cards, the concealment of corporate turnover in the bank accounts of third parties and the illegal exercise of commercial activity by certain economic operators. In addition to the competent courts, information on tax and customs fraud has been brought to the attention of the DGI (General Directorate of Taxes) and the DGD (General Directorate of Customs)”, indicates the Conac report

Moreover, although the number of files relating to the suspicion of embezzlement of public funds increased by 140% between 2022 and 2023, Conac reveals that these cases represent only 2.68% of the cases transmitted by ANIF to the competent authorities and courts. However, these cases total 4.3% (i.e. just over 71 billion FCFA) of the overall envelope of suspicious financial flows listed by ANIF during the year, against 94.7% (about 1577 billion FCFA) for “various frauds