2000 BLCC-USA Letter to IMF
Privatizing the CDC without the consent and participation of the Native landowners carries grave risks especially to potential investors.
We, the Bureau of the Bakweri Land Claims Committee-USA (BLCC-USA), together with our fellow Fako indigenes living in all continents of the world, assembled through the revolutionary technology of the Internet, have been made to understand that in June 2000, the IMF Board of Directors reviewed the Enhanced Structural Adjustment Facility (ESAF)/ Poverty Reduction and Growth Facility (PRGF) program of the Republic of Cameroon, and that the Managing Director, Mr. Horst Koehler, will be visiting Cameroon in July 2000.
The country's privatization scheme is being carried out under this program. Cameroon government-controlled parastatal companies scheduled to be privatized under the ESAF/PRGF program include the Cameroon Development Corporation (CDC), an agro-industrial company located mainly in Fako Division, home of the indigenous Bakweri people.
The Bakweri, speaking through the Bakweri Land Claims Committee in the U.S.A.
(BLCC-USA) hereby reiterate their unwavering opposition to any privatization program that does not take into consideration the legitimate rights of the natives whose ancestrallands the soon to be privatized CDC and its colonial predecessors, have exploited without compensation for more than a century.
Comments