Yves-Michel Fotso: Awaiting Trial
• The former Camair boss is accused of embezzling money meant for buying a presidential jet.
• He is awaiting trial at the Yaounde Central Prison since December 1, 2010.
Yves-Michel Fotso, one of the country’s top businessmen and former General Manager of the now defunct Cameroon Airlines (Camair) was arrested on December 1, 2010 in Douala and escorted to the Judicial Police headquarters in Yaounde for interrogation.
The former CEO of Camair was later placed on preventive detention at the Kondengui Central Prison in Yaounde. It is said that Yves-Michel Fotso’s detention is based on allegations of involvement in the embezzlement of money meant for the acquisition of a presidential plane in what has come to be known today as the “Albatros Affair” in which over 31 million US Dollars remains unaccounted for.
Yves Michel Fotso’s setback came days after the former Secretary General at the Presidency of the Republic, Jean Marie Atangana Mebara, who is also under custody within the framework of the “Albatros Affair, testified in court, implicating Michel Fotso in the case of the money allocated for the purchase of the presidential plane through an American Company, Gia International. The purchase of a presidential plane was initiated by the Presidency of the Republic at the time Yves Michel Fotso was Director General of Camair.
It is said that the operation with Gia International was never completed. To date, doubts persist over the destination of the money transferred into the accounts of Gia. Contacted through the internet, one of Michel Fotso’s lawyers said she was out of the country and could not react on the matter at the moment. While awaiting trial at the Kondengui Prison, Yves Michel Fotso is making life worth living. He recently got married there.