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International Construction Corporation (SICC) Accused of Embezzlement
A scandal is reverberating through the real estate sector in Cameroon, as Soppo Ngalle, the Chief Executive Officer of Southwest International Construction Corporation (SICC), is facing allegations of embezzlement related to a real estate project dating back 14 years. This case sheds light on the shortcomings of the Cameroonian judicial system.
Initially presented as a company with transnational ambitions, SICC ventured into real estate development with government support, aiming to meet the growing demand for housing. The ambitious project aimed at constructing 10,000 homes in the region.
Numerous buyers, both residents in Cameroon and abroad, were enticed by the opportunity to acquire a villa in a Douala subdivision, precisely in Mbanga Bakoko, Vassa - Chirac district. However, what was once a promising location now lies abandoned, with no realization of the planned 180 homes that were estimated to cost between 26 and 27 billion CFA francs. Buyers, who have paid substantial amounts, are still awaiting the delivery of their houses, while the promoters, Soppo Ngalle and her brother Aime Ngalle, respectively CEOs and subcontractors, remain elusive.
This case has had tragic consequences for those involved. In addition to not receiving the promised homes, buyers are harassed for debts they never incurred. Soppo Ngalle claims to be able to deliver only a few demolished houses, one of which collapsed within a year.
Despite numerous ongoing legal proceedings in Douala and Yaoundé, Soppo Ngalle and her brother seem to evade the outrage of the victims. The CEO has even been appointed as the regional representative of a presidential candidate, adding another layer of controversy to this case.
The deficiencies of the Cameroonian judicial system are underscored by the accused's continued freedom, while the victims have been awaiting justice for over a decade. According to a member of the affected society, this case raises questions about the urgent need for judicial reform to ensure the protection of buyers against such abuses.
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