Four recently sacked officials of Cameroon Opportunities Industrialization Centre (COIC ), Buea who were accused of embezzling a total of about 40 million Fcfa being money put in their care for the smooth running of the institution have reportedly rubbished the decision of the Board of Directors relieving them of their functions.

COIC Buea, an affiliate of OIC International with headquarters in Philadelphia, USA, was established in 1986 as a non-profit, community-based skills training Program. COIC depends largely on Government subvention which stands at 150 million Fcfa yearly.

In separate protest letters addressed to the Board Chairman of Cameroon OIC, Barrister Sam Ekontang Elad, dependable sources told The Recorder that, the sacked officials elaborated the allegations leveled against them- that they are embezzlers.

COIC Board Chair Barrister Ekontang Elad:

The sacked officials include Madam Clara Limunga Molua who was Cameroon OIC Director for several years was relieved of her functions and was ordered to reimburse the company with the over 16 million Fcfa she reportedly embezzled within one month or be prosecuted.

The three others were Fritz Ikome Lyonga, former Finance Officer who was also accused of embezzling a little over 16 m Fcfa; OIC Pavilion Accountant Mbua Michael Nganje accused of pocketing 3.8 m Fcfa and the OIC Pavilion Business Manager, Lucy Ndelly who reportedly swindled 3.8 m Fcfa. They were equally asked to reimburse the money within a month or be prosecuted

The four were slammed the punitive sanctions following a recent Board of Directors’ meeting, which was chaired by the board’s vice-chair, Hon. Meoto Paul Njie even though Chairman Sam Ekontang Elad was present.

The officials were punitively sanctioned based on the “findings” of an ad hoc committee headed by OIC Board member and retired military official, Commandant Ekeke Moses.

The committee was charged with investigating into the financial management of the institution.

The Recorder was informed that, because of serious allegations of financial impropriety in the institution which receives a yearly government subvention of 150 million Fcfa even the Board Chair was reportedly grilled by the Board’s own commission of inquiry, especially because he is the vote-holder.

Ex-Director of COIC Clara Limunga Molua, was quoted by our source to have stated bluntly in her protest letter to the Board Chairman that, “ I wish to state without fear of contradiction that I have never embezzled any sum of money as alleged by your correspondence dated May 8,2015.”

The disgraced officials, we found out, are at loss to understand how the Board could take sensitive decisions such as sacking senior workers based on the findings of a commission of inquiry yet those accused or affected are denied access to the same report.

“This seems to be some mafia; if not, let them make their findings public so that the affected would see where and how they embezzled.Who is hiding what?” one COIC worker, who is an advocate of transparency, questioned.

Our sources also pondered on why C OIC board meetings held without an invitation extended to the director of the centre who is also very pivotal in the running of human resource development centre.

The recorder again gathered that the sacked officials are eager to lay hands on the findings of the commission of inquiry which nailed- particularly because the state auditors recently came twice to COIC on mission and they reportedly left satisfied.

Upon receipt of the protest letters from the accused and sacked officials, the Board has reportedly told them that, the next board meeting will critically examine their uncertainties.

It should be noted that, the sacked officials have not had their employment contracts terminated but have simply been redeployed to lower positions in the same institution which has had difficulty paying salaries on a monthly basis.

COIC offers vocational/technical training in the following trades areas: Auto Mechanics/Motor Electricity * Building Construction * Hotel Catering & Management * Information & Communication Technology *Metal Fabrication, Welding and Spraying & Wood Work. It has graduated since inception at least 27,000 trainees.