The Special Criminal Court ordered the detention of the former provisional administrator of the Commercial Bank of Cameroon (CBC). The banker is being sued by the State for undue advantages that he would have received between 2009 and 2013, during his time at the head of the company.
Several times heard by investigators from the Special Criminal Court (TCS), he had never been taken into custody. On June 3, Martin Luther Njanga Njoh, former provisional administrator of the Commercial Bank of Cameroon (CBC), was placed under arrest warrant at Kondengui central prison, after ten hours spent in the offices of this jurisdiction in charge of examination of economic crimes.
Summoned for a confrontation with the representatives of the State of Cameroon and the CBC, nothing predicted the arrest of the one who had successfully led the restructuring of this bank once plunged into turmoil and placed under provisional administration in 2009. But in court, Njanga Njoh and his lawyers were entitled, instead of the expected meeting, to a notification from the investigating judge concerning his detention, this Friday, June 4, after more than seven hours of waiting. He is charged with "embezzlement of public funds", because the CBC is under the fold of the State of Cameroon, which has become its main shareholder since the restructuring of its capital.
Twelve years of proceedings
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