FYI, non-stop entertainment coming out of Africa.

This appears to be a re-hash of what was doing the rounds last week, where it is alleged the Cameroonian Minister of Mines has been caught doing something potentially shonky in collaboration with Sundance.

Cam Iron: here is the mafia orchestrated by the Minister of Mines, **riel Dodo Ndoke around 94 billion FCFA

Opinions of Monday, 16 May 2022

Mines Minister **riel Dodo Ndoke is at the heart of several financial scandals in the mining sector. The latest is that of the Kribi iron where we know for example that while the right of passage of the Mbalam iron for the State of Congo will bring in 12500 billion FCFA in Cameroon over 50 years, the mining company Sinosteel with which Dodo Ndoke concluded the exploitation of the Kribi iron mine promises 23 billion CFA francs to the State of Cameroon for the exploitation of its own iron. But the iron mine of Kribi is a deposit of more than 690 million tons. The Chinese will earn 950 billion FCFA per year. What wickedness. But we will come back to that.

Let's continue with the affair of the 94 billion Fcfa of the CAM IRON file. We already know that Dodo Ndoke maneuvered behind the back of the State of Cameroon in favor of the Australians. Subsequently, his company, Buns Mining is in partnership with Sundance. He will therefore force the hand of the State so that the 94 billion CFA francs claimed are paid. Remember that 90% of this amount will go to the company promoted by the Minister of Mines, Buns Mining, through the agreements made between the latter and Sundance regarding Cam Iron's shareholding.

The State of Cameroon will decide to constitute a council for the follow-up of the procedure before the international jurisdictions concerning this procedure. Thus, on April 18, 2022, the Minister of State, Secretary General of the Presidency of the Republic, Ferdinand Ngoh Ngoh, sent a letter to the Minister of Mines, Industry and Technological Development, **riel Dodo Ndoké, to let him know, on the very high instructions of the Head of State, that Me Thierry Lauriol, lawyer at the Paris bar, partner in Cabinet Jeantet, already chosen to defend the interests of Congo within the framework of the arbitration proceedings with Sundance Resources LTD, will also have to defend those of the State of Cameroon.

But, using tricks, the Minister of Mines will approach the Minister of State, Minister of Justice, Keeper of the Seals in order to convince him of the choice of another lawyer to ensure the defense of the interests of Cameroon in the person of Me Njel Gwet Amos. The latter worked as a trainee lawyer for Sundance and its subsidiary Cam Iron. The choice of this lawyer is therefore not insignificant because he will only serve to defend the selfish and personal interests of the Minister of Mines and his sidekick Sundance in this procedure.

The answer is quickly found: by associating the Sundance lawyer in the Cameroon defense team made up, among others, of Me Njel Gwet Amos, officials from the Ministries of Justice, Mines, External Relations, Finance, Sonamines, etc., the Minister of Mines wants to promote the payment of 94 billion CFA francs to Sundance by the State, a question of puncturing these sums from the State coffers and sharing the fruit with his sidekick Sundance Resources.

Here is how, in parallel with these procedures, a newly created locally company, Buns Mining, of the Buns group, better known in the field of Buildings and public works than for mining developments, was introduced by the Minister of Mines to Sundance. The role of Buns Mining is to sign an agreement with the latter in order to carry out the acquisition of 90% of the shares of Cam Iron, at dirt cheap, as a prelude to the disbursement of 94 billion F Cfa by the State.

By this skilful assembly, Sundance will obtain its 17 million dollars initially expected, while the 153 million dollars will go to the new shareholder who will then be free to make the desired distribution.

By this troubled game of the Minister of Mines in which he misleads the Minister of Justice Keeper of the Seals about the appointment of Me Njel Gwet Amos on April 22, 2022 as Cameroon's counsel while Me Thierry Lauriol had been chosen by the Presidency of the Republic four days earlier, he became an accomplice in a scam or even a robbery by an organized gang of the State coffers with regard to the Micmacs around the appointment of the lawyer from Cameroon within the framework of this affair.

The collusion he maintains with Sundance in this affair is now evident through artifices fabricated from scratch to the effect of despoiling the State of Cameroon of 170 million dollars, of which 90% of this amount will go into his pockets against 17 million to benefit Sundance.

Sundance Resources' approach in this case is all the more an admission of failure as the Congolese authorities had already done so since July 21, 2021. Indeed, by the letter of comfort signed by the Minister of State Congolese in charge of Mining Industries and Geology addressed to the stakeholders of the development project of the Avima, Nabeba and Badondo mines as well as to their technical and financial partners, this one underlined with force and details that Sundance Resources and its partners had lost their rights to the Avima, Badondo and Nabeba deposits "due to their own inability and failure to respect the laws of the Congo and its sovereignty".

With regard to Cameroon, its position is clear: To pay nothing for the benefit of Sundances Resources, whose technical and financial incapacity has been proven, thus delaying the enhancement and development of the mining resources of this world deposit called to accelerate the emergence of the country. In addition, the Cameroonian authorities are the sole judges of the appropriateness and relevance of awarding a mining exploitation title to an operator. And in this case, the Sundance permits expired in 2018 and had already crossed the extension limits provided for by the Cameroonian mining code.

Translated source:
https://www-camerounweb-com.translate.goog/CameroonHomePage/features/Cam-Iron-voici-la-mafia-orchestr-e-par-le-ministre-des-mines-**riel-Dodo-Ndoke-autour-des-94-milliards-FCFA-659552?_x_tr_sl=fr&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=sc