Fotso’s battle with Cameroon & E. Guinea gov’ts
By Franklin Sone BayenIf no one is suspecting anything beyond regular procedure in the recent decision by the Central African Banking Commission (COBAC) to place the Commercial Bank of Cameroon (CBC) under watch for possible liquidation, Yves Michel Fotso, proprietor of the bank, is crying foul. While admitting that CBC is not faultless, Fotso is alleging that COBAC is being manipulated by Equatorial Guinea to settle scores after...