Corruption and fraud only bring negative consequences and undesired outcomes to the development chain. As part of efforts to kick out the canker worm and promote transparency and accountability in extractive industries, stakeholders are meeting in Yaounde in an international forum to produce a blue print document which will facilitate the realisation of these objectives.
Holding under the theme; “United against fraud and corruption in the mining sector, for a more inclusive and sustainable economic growth in Frencophone Sub-Sahara Africa”, Speakers including the Minister Delegate at the Presidency in charge of Supareme State Audit, Mbah Acha Rose, Canadian High Commissioner to Cameroon, Nathalie O’Neil.
National and international delegates have condemned all forms of corruption in the mining sector due to its devastating effects. Fraud has been identified in the sector at several levels, ranging from the negotiation phase, award of contracts, collection of taxes, exploiting and the evaluation of mining sites.
With the stated objective of rendering the activities of the sector more transparent, experts who are concluding discussions today will produce a strategic document which will serve as a mechanism of operation to member countries.