Categories: AFRICALatest

Cameroonian President Biya Orders Probe of ‘Embezzlement’ of Covid-19 Funds

An investigation is underway in Cameroon into allegations of financial embezzlement of Covid-19 funds.
President Paul Biya ordered the investigation on Thursday after campaign group Human Rights Watch raised concern last month about what it called the “scant transparency” in the management of funds, although transparency was a pre-condition for getting loans from the International Monetary Fund (IMF) to tackle the pandemic.
In April 2020, the health minister announced a $105 million response plan. The following month, the IMF approved a $256 million emergency loan to help finance it.
In October, it approved a further loan of $156 million to finance the health system and help businesses and households affected by the pandemic.
The IMF now wants accountability on the use of these funds.
A letter signed by the Secretary General of the Presidency, Ferdinand Ngoh Ngoh, ordered the justice minister to investigate the management of funds allocated to the fight against a pandemic that has so far killed more than 850 Cameroonians with over 57,000 others infected.
“I have the honour to pass on the high instructions of the Head of State prescribing the opening of judicial investigation against authors, co-authors and accomplices of cases of the financial embezzlement of the said funds,” the letter stated.

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