2024-04-05 07:27:58
Revelations on the very lucrative private activities of Oswald Baboke, deputy director of the civil cabinet at the presidency. This trusted man of Chantal Biya has just launched into the importation of petroleum products via a company with 100% family capital. Investigation into this most sensitive business.
An oil company created on the sly
It was in May 2022 that Oswald Baboke discreetly founded « Jociddalo Petroleum SA » by involving his wife and children. A year later, this structure has already won a lucrative contract to import no less than 10,000 tonnes of diesel, or 7 billion CFA francs.
Shareholders and an internal name
The starting capital of 100 million CFA francs is 75% owned by his wife. As for the name of the company, it takes the initials of his children’s first names and his own. Clearly, Jociddalo Pétrole is indeed a very private family affair.
An atypical profile coupled with a very political CV
Born in 1972, Oswald Baboke graduated in international relations while serving as pastor of a revival church in his spare time. Above all, he has worked for years in the civilian cabinet of the presidency, of which he became deputy director.
A man in the shadows who discreetly monies his influence, while professing the good evangelical word. His credo: bring religion to the top of the state, as well as its juicy oil deals.