
Audio By Carbonatix
Cameroon's President Paul Biya has ordered an investigation into the use of Covid-19 funds following allegations of financial embezzlement.
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 $105m (£76m) response plan. The following month, the IMF approved a $256m emergency loan to help finance it.
In October, it approved a further loan of $156m 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, said 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.
Latest Stories
-
First National Bank Ghana pioneers financial literacy programme for Persons with Disabilities
24 minutes -
Assembly members demand Bosomtwe DCE’s removal over alleged overspending, DRIP misuse
24 minutes -
‘Mature’ Danlad ready to make impact after Kotoko return
25 minutes -
GES investigates alleged sexual misconduct involving Mim SHS security officer
30 minutes -
Uncontrolled market pricing driving Ghana’s high cost of living — TUC’s Dr Otoo
33 minutes -
TOR’s revival and Ghana’s Petroleum Hub dream
36 minutes -
“We will not borrow simply because financing is available” – Ato Forson
1 hour -
Morgan International Community School marks 13th anniversary, celebrates 10th graduating class
1 hour -
Passport application website temporarily unavailable due to technical challenges
1 hour -
Bond market: Activity weakens as turnover fell by 58%
1 hour -
Ghanaian defender Oscar Naasei to join Real Madrid
1 hour -
Titus-Glover files nomination today to contest NPP National Organiser position
1 hour -
Interior Ministry introduces TraffiTech to track and penalise road traffic offenders
1 hour -
Rising demand for T-bills to be sustained, yields to compress further
2 hours -
Palmer and Rodgers star in Chelsea win over Fulham
2 hours