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French Bank Officials Charged In Cameroon

Two former French directors general of the International Bank of Cameroon for Savings and Credit (BICEC) have been summoned to appear before the Wouri District Court in Douala on Friday, for alleged embezzlement of funds estimated at “several billion CFA francs,” judicial sources said on Thursday.

Pascal Rebillard, the Director General of BICEC from 2008 to 2012, and Pierre Mahe, who succeeded him from 2012 to 2015, were accused of “complicity in aggravated breach of trust and fraud, complicity in forgery and use of forgery in private or commercial writing.”

According to sources close to the case, the two defendants are subject to an international arrest warrant for acts that would go back one year after the filing of a complaint by the management of BICEC, the Cameroonian subsidiary of the French group ‘Banque populaire and caisse d’épargne’ (BPCE).

Reliable sources revealed that the investigating judge in charge of this case transmitted the findings of his investigation to the Wouri District Court, which led to the opening of the trial on 20 July 2017.

As many as 15 people have been charged in connection with this case, a dozen of whom, mainly Cameroonians, have been placed under committal order and detained for more than a year at the central prison in Douala.

APAnews

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