Cameroon – CFAF 11.4 billion in tax reassessments: Congelcam breaks its silence

Congelcam, the Cameroonian frozen-fish empire led by Sylvestre Ngouchinghe, denounced what it called “unjust” administrative, tax and port pressures at a press conference held in October. The company’s representatives say it faced three tax reassessments totaling CFAF 11.4 billion over four years. The report presents Congelcam’s grievances alongside relevant facts but leaves unresolved questions open. It also refers to the shadow of the 2018 presidential election and an unproven suspicion.