Sacccul disaffiliates from CamCCul

Sacccul HQ Santa

Sacccul HQ Santa

The Santa Central Corporative Credit Union League (SACCCUL) has become the latest credit union to disaffiliate from the Cameroon Credit Union League (CamCCUL) to join forces with other dissident unions to form a new umbrella union- Renaissance Cooperative Credit Unions in Cameroon (RECCU–Cam) as the crisis at CamCCUL takes a new twist.

The decision was taken at an educational and extra ordinary general meeting of Sacccul that held at the Santa council chambers on Sunday July 14, 2013. 292 members voted to disaffiliate from CamCCUL, with 113 abstentions, and one against the move, in a meeting where CamCCUL officials were barred from attending.

Bah Jonathan, president of Sacccul said the league has become an avenue where individuals enrich themselves at the detriment of the members. Sacccul he said abides by the goals of the founding fathers of the credit union movement and would not be party any individual or group of individuals that want to deviate from this path.

Mkemta Eric, manager of Sacccul reminded the members that they are the owners of the credit union and any decision concerning the credit union must be taken by them. In a similar vein, the deputy mayor of Santa Council, Allo John Fru decried the gross violation of the league’s constitution by individuals that want to hang on to power by every available means. He described it as a quintessence corruption and embezzlement.

The members also voted overwhelmingly by 311 of the 406 members present to hire the services of external auditors to audit the accounts Sacccul while RECCU-Cam is gradually put in place.

Sacccul now joins Azire Corporative Credit Union League (Aziccul),  Bambili, Mbatu and Bafut credit unions that have already affiliated to RECCU-Cam, while others like Ntarinkon, Ntamulung and Victoria Customs are said to be on their way out of CamCCUL into RECCU-Cam.

The creation of RECCU-Cam was sparked by a constitution crisis at CamCCUL, which is one of the strongest symbol and pride of Anglophone Cameroon. The present board of CamCCUL changed the constitution, paving the way for those in power to continue at its helm for 9 more years.

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