VOA | Cameroon is cracking down on the smuggling of cocoa, cotton, and other cash crops to Nigeria by temporarily banning the legal trade as well. Since announcing the ban two weeks ago, authorities have sent hundreds of police to the border and seized scores of trucks. But Cameroon’s struggling …
Read More »Cameroon Works To Reverse EU Seafood Ban Amid Concerns Over Unchecked Industrial Fishing
KRIBI, Cameroon — Florida Star | Mboa Mbanga is a landing stage in the coastal city of Kribi in Cameroon’s South region. For the past 17 years, Biliaga has supported his family and sent his kids to school with the money he makes from hauling fish to this landing stage. Raised …
Read More »Blanchiment: la Croatie, le Cameroun et le Vietnam “sous surveillance renforcée” par le Gafi
AFP | La Croatie, le Cameroun et le Vietnam ont été placés vendredi sur la “liste grise” des pays soumis à une “surveillance renforcée” par l’organisation de lutte contre le blanchiment Groupe d’action financière (Gafi), selon un communiqué. Ces pays rejoignent 23 autres sur cette liste de juridictions qui présentent …
Read More »Money laundering, terrorist financing, and proliferation financing: Cameroon under Increased Monitoring
In the most recent revision to its “grey list,” the Financial Action Task Force (FATF) has included Cameroon, Croatia, and Vietnam among the jurisdictions that will be subject to heightened scrutiny regarding money laundering, and terrorist and proliferation financing. This information was disclosed in a press release on Friday. This …
Read More »15 Years in Prison for Jean William Sollo, Former Managing Director of Camwater
15 Years in Prison for Jean William Sollo, Former Managing Director of Camwater This marks the end of the legal saga that pitted him against the State of Cameroon over his management of Cameroon Water Utilities (CAMWATER). The former Managing Director of CAMWATER, Jean William Sollo, was sentenced to 15 …
Read More »MTN says asset seizure in Cameroon threatens operations
DOUALA, June 14 (Reuters) – South African mobile operator MTN Group (MTNJ.J) said on Wednesday that its Cameroon operations were threatened by the seizure of its bank accounts in the country as part of a dispute in which it plays no part. MTN Cameroon’s accounts with more than 14 billion CFA francs …
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