RSS Feed  Les actualités de la BRVM en Flux RSS

NEWS FINANCIÈRES

Nous agrégeons les sources d’informations financières spécifiques Régionales et Internationales. Info Générale, Economique, Marchés Forex-Comodities- Actions-Obligataires-Taux, Vieille règlementaire etc.

Financial scandal: Alleged embezzlement at Tradex

08/10/2025
Source : ORISHAS FINANCE
Categories: Compliance

Enjoy a simplified experience

Find all the economic and financial information on our Orishas Direct application to download on Play Store

An 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

internal

This 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.

Provided by AWS Translate

0 COMMENTAIRE