“MIDA”: Organisation Banned In Cameroon

The government has commited to compensate young cameroonians who registered with the association. Below is a press release from the Minister of Communication.

Banning of the activities of an illegal organization known as “Mission d’Intégration et de Développement pour l’Afrique” (MIDA) and the commitment of the government to compensate young Cameroonians who registered with “MIDA”

The Minister of Communication hereby informs the national and international community that the Government of Cameroon has just put an end to the activities of the organization known as the "« Mission d'intégration et de Développement pour L'Afrique »", code named "MIDA", located in the Yaoundé III Subdivision in the Ahala neighbourhood.

Presented by its crooked promoters under multiple usurped appellations, notably, "the African Commandery of the Military Hospitalier Order of Saint John", the "« Mission D'intégration et de Développement pour L'Afrique », "the Apostolic Order of Saint John", this organization is not legal within the national territory.

This is actually a gigantic large-scale scam, which according to the initiators, is grounded on fraudulent activities, business catching projects and display of attractive operations, to attract their victims - mostly young Cameroonian, with promising training, recruitment and huge funding for their projects.

This subterfuge has allowed these lawless initiators of "MIDA", to gather huge sums of money estimated to several CFA billion francs, for their own benefit, in violation of all the regulations in force.

The common mechanism used by these individuals was to collect from any new member, the sum of CFA 12,500 francs, and to reimburse a total sum of CFA 70,000 francs within a very short time of less than one month.

Like other financial scams foiled in several countries of the world, the MIDA organization has made a fraudulent collection of funds consisting of rewarding the investments or the savings of its targets essentially derived from the funds provided by new members, on the basis of the Ponzi mechanism well known for illicit financial operations.

Considering the gravity of the acts perpetrated by MIDA's network of financial scammers, the Government of the Republic hereby reassures the national and international community that the leaders of this organization and the entire chain of its accomplices have been identified, arrested and shall be tried before competent courts.

In the same vein, the President of the Repub...