Gold, Diamond, Mercury...: Damages of illegal exploitation

Surreptitiousness is the better word to describe what is happening to Cameroon’s riches underneath. This concerns particularly minerals such as gold, diamond, mercury among others. Statistics of what goes into the pockets of illegal exploiters are startling. Experts carelessly put the figure at FCFA 300 billion every year. This represents about 10.7 per cent of the 2012 State budget. This amount could have significantly saved the State from burning its fingers on the Treasury bond arrangement for the financing of the country’s projects.

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