Cameroon
Recently I have got a number of offers on gold and diamonds from Cameroon.
At last a government body has taken control and adapted to workable procedures for both sellers and buyers. That information I am now in process to check.
If it is true the basic is that the Cameroon government is effectively controlling the process and making the export possible in accordance with the requirements of the buyers. They will also be able to control the cash-flow so that not too much irregularities occurs.
Unfortunately the offers varies as such in the fees for the buyer’s licenses. So far the same Ministry for the very same certificate are charging between 3000 USD and 7000 USD.
As we all know a certificate from a government body is always the same and in this case 3000 USD.
Companies or persons claiming the charges to be something else are to be thrown into the round archive. There are no use to do something else.
Now, what happens when you already have this license?
The likelyhood that the sellers disappears fast when you ask for the procedure when you already have the license is very high. The alternative reaction is that your license is challenged. You have paid your fee to somebody being fraudulent to you.
You then get a telephone number to the minister or his secretary to verify that you have been cheated.
These telephone numbers are then always to a mobile phone, untraceable for all the future.
Espescially if you are paying for the license.
In one of the cases I was asked to pay for the lawyer setting up the SPA. The SPA is supposedly being delivered to the Ministry for approval after that the Ministry has verified the goods in the agreement and put it in Safe Keeping. Anyone knowing the business would then understand what might happen with a “Sting”-ministry.
If you then add the different versions on how much of the safekeeping is to be paid by each party then you realize that you have to have someone totally independent to verify who is who in this mess.
That is where I am today. On who is who in Cameroon.
Todays music is on this theme, who let me out for the hunt?
Take care out there!
