Corruption Allegations in Cameroon: Impact of 1,700 Billion CFA Francs Spent on Fuel Since SONARA Incident

Behind the scenes, a shadowy collusion between traders and clandestine networks within the Ministry of Water and Energy and the Presidency has thwarted rehabilitation and reconstruction efforts. These maneuvers have siphoned funds from the state budget into the coffers of regime elites, perpetuating a cycle of financial strain.

Consider this: the studies conducted for rehabilitation alone have cost nearly 7 billion CFA francs. In stark contrast, the construction of an entirely new refinery—a beacon of progress—would require around 400 billion CFA francs. Yet, the annual outlay for fuel purchases from traders could have funded such a transformative project. Why, then, does this remain unrealized? The answer lies in the pervasive influence of mafia-like activities.

Recently, President Paul Biya granted authorization to the CIMONTUBO/FINANCIAL CAPITAL consortium for the reconstruction of SONARA’s production units—an ambitious endeavor costing 350 billion CFA francs. Over the next year, this consortium will shoulder the financial burden, gradually reimbursed by the state.

As the nation grapples with this intricate web of financial intrigue, we watch—a vigilant audience—hoping for transparency, justice, and a path forward from the ashes of SONARA.