CUSTOMERS of the Post Office Saving Bank, now Cameroon Postal Service, CAMPOST, in Yaounde, have accused government of using their savings to buy a new aircraft for President Paul Biya and blocking their money to finance election campaigns... |
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The Post Office saga, which began some six months ago, affected all the Post Office Savings banks in the country. The problem was first noticed when customers went to collect money for Christmas and were told that money was not available. Since then, they have been struggling to no xx. There were instances where police officers were required to prevent fighting at some Post offices.
Customers lamented that at this time when they are in serious financial crises, the government could still afford to buy a new jet plane (the Albatross Boeing767-200ER) for the Head of State. Meanwhile, they have not been told what has happened to their money and the cause of lack of liquidity.
A source told The Post that BEAC is not ready to release some money to the Post Office to beef up the running cash which the government had taken as a ban from the institution Because the government could not get more money from BEAC, they had to stretch to funds in the country to get money to cover up their financial difficulties.
But with the recent creation of CAMPOST, the newly installed Director General
Maurice Bayemi, suspended all payments and other transactions, which only resumed on April 29.
Customers, who requested up to a million as at that date, were given FCFA 150.000. This did not seem to solve their problems and sounded to most as a provocation. A customer told The Post he started requesting for his money in December 2003. But they kept telling him to come back the next day. "They could only pay FCFA 10.000 no matter the demands of customers" he said.
Joseph Bekoungu, a businessman in Yaounde, screamed in the corridor of CAMPOST. He threatened to start a fight with the cashier. He asked the Postmaster to pay his money and that the Postmaster has no right to decide on the amount of money to give him. This Bekoungu noted, is because the Postmaster is not his employer, therefore, bas no right to dictate the amount of money he has to withdraw from what he simply gave them to keep. He said the government does not know the consequences of this act. He complained that the new GM promised to resume payment, but where did their savings go to in the first place?
Emmanuel Atangana Abega, a welder, told The Post that he has FCFA 500.000 in his account. He said since he started demanding his money in December, to handle urgent health issues in his family, he has received only FCFA 150.000.
Atangana said the radio keeps announcing everyday that things are fine, but nothing has changed.
"We need only our deposited sums. We don’t need interest. I am very convinced our money bas been used to buy a new plane for the Presidential couple". Atangana said he has a sick son and thy doctor has demanded FCFA 75,000 before he can begin treatment. But he cannot get the money. He said he has lost confidence in CAMPOST.
Another customer, George Penda, said he has lost confidence too. He said he has debts to settle and was pleading for money to pay his debts but could not get even a fraction of the sum lie saved in the Post Office bank.
Alfred Awasum of the British High Commission recognised the little improvement at CAMPOST, but said he would not want to be a customer there anymore.
After several attempts The Post finally reached the Postmaster, Joseph Nkonogue, who said he needed orders from the Director General before he could make any comments.
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