Arrest of two BEAC officials over circulation of fake bank notes raises eyebrow

By Ndumbe Bell Joseph Gaston in Douala It was hoped that new series of banknotes put into circulation was going to ground the circulation of counterfeit banknote trafficking in the CEMAC zone. Thus, when the reports were disclosed that on May 7 and 13, two senior executives of BEAC agency in Ebebiyin in Equatorial Guinea were arrested for their alleged involvement in counterfeit banknote trafficking, the public received the news with consternation, disbelief and described the act as outrageous. In an encounter between the new BEAC Governor Yvon Sama Bangui in line with media reports, some excerpts of their discussions…