He took the opportunity to raise awareness among banks about the need for strict control over the origin of funds received from abroad by certain NGOs and associations.According to the minister, banks must notify the Ministry of Territorial Administration when they receive amounts equal to or greater than 500,000 CFA francs.These funds, whose origin is sometimes questionable, could unfortunately contribute to the financing of terrorism or undermine peace and security of people and property throughout the national territory.According to the first national risk assessment report on money laundering and terrorist financing in Cameroon, the risk in Cameroon is assessed as high.The Ministry of Territorial Administration is urging bank officials to be more vigilant and watchful of suspicious fund movements made by some donors from abroad.

 Christelle koambi