The SONARA scandal ignites public funds – 2024-06-23 01:45:31

by times news cr

2024-06-23 01:45:31

For the reason that SONARA fireplace in 2019, Cameroon has been sinking into an unprecedented monetary abyss. Greater than 1,700 billion FCFA went up in smoke for the acquisition of gas, revealing a sprawling system of corruption which is bleeding the state coffers dry.

A monetary catastrophe of titanic proportions

As revealed by an unique investigation by whistleblower BORIS BERTOLT, the Cameroonian state has paid the astronomical sum of 1,713 billion FCFA for the acquisition of gas for the reason that SONARA catastrophe. An annual bleeding of 350 billion which plunges public funds into the abyss.

The merchants’ mafia: The brand new masters of the sport

Behind this catastrophe lies an opaque community of merchants and senior officers who’ve systematically blocked any try to rehabilitate or rebuild SONARA.

The peak of irony is that the rehabilitation research alone have swallowed up practically 7 billion FCFA. An enormous waste that led to no concrete outcomes.

A brand new refinery sacrificed on the altar of corruption

Probably the most revolting factor about this affair? With the sums swallowed up in a single yr within the buy of gas, Cameroon might have constructed an entire new refinery. That is the peak of absurdity. We choose to counterpoint intermediaries quite than put money into the nation’s power future.

Confronted with this catastrophe, President Paul Biya just lately licensed the CIMONTUBO/FINANCIAL CAPITAL group to rebuild new manufacturing models at SONARA for 350 billion FCFA.

In the long run, it’s the Cameroonian citizen who pays the excessive value for this scandal. Rising costs on the pump, recurring shortages, the influence on each day life is disastrous.

This SONARA affair is way more than a easy monetary scandal. It’s the symptom of a system suffering from corruption, the place private curiosity takes priority over nationwide curiosity. It raises the essential query of Cameroon’s power governance and its potential to flee the dependence lure.

As a Bamiléké proverb says: “When a fireplace begins in your hut, it’s your neighbor who takes benefit of it to maintain heat. » Within the case of SONARA, it appears that evidently it’s a entire clique of profiteers who’ve warmed up on the expense of the Cameroonian folks.

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