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Find all the economic and financial information on our Orishas Direct application to download on Play StoreAn alleged embezzlement case up close
of two billion CFA francs shakes up the oil company Tradex. According to
Information, 14 service station managers and one IT manager would be
involved in a vast scam that exploited a card system
Trad'Card electronic devices intended for customers.
Tradex is a major player in distribution gasoline and diesel in Cameroon. The case, which dates back to 2022, would have caused considerable financial damage to the company. It highlights potential vulnerabilities in internal control processes. She puts in light of potential vulnerabilities in control processes
internalThis scandal comes at a pivotal moment for The company, which has just turned the page on the Simon Paley era, is former managing director ousted in October 2024, and who recorded a Record net profit of 15 billion CFA francs in 2024 despite a decline in its turnover.
The Trad'Card scandal illustrates security challenges
and governance challenges faced by companies in the phase of
rapid growth and digitalization of their services.
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