Niger, Republic of Senegal, Republic of Chad, Republic of Togo and the Federal Islamic
Republic of The Comoros.
2. The Company SAMIRIS INSURANCE SA underwent prudential supervisory review by the
Control Brigade of CIMA General Secretariat, from 11 to 15 May 2009.
3. The Report of this Brigade was submitted to the Regional Insurance Control Commission
(CRCA) meeting in its 58th session in February 2010 in Cotonou, Benin Republic of Benin.
4. The said report maintained that the funding needs of SAMIRIS SA amounted to the sum of
1,770,000,000 (one billion seven hundred and seventy million) CFA Francs.
5. On the basis of this report of the Control Brigade, which was contested by SAMIRIS SA,
the Regional Insurance Control Commission ordered the company to produce a financing plan
for the above amount.
6. The Regional Insurance Control Commission (CRCA) meeting in its 60th Ordinary Session
in Bamako from 26 to 30 June 2010, reviewed the share capital of SAMIRIS SA in the amount
of 1,000,000,000 (one billion) CFA F as of 30 July 2010.
7. At the meeting held in Dakar in July 2011, the financing plan was finalized by the
Commission in the sum of 815,000,000 (eight hundred and fifteen million) CFA Francs.
8. At the 65th session, CIMA decided to sanction SAMIRIS by placing it under constant
surveillance (a sanction considered severe on the scale of CIMA).
9. At its 67th session held in Lomé on 24 April 2012, SAMIRIS SA was invited to justify its
financing plan unilaterally set 815,000,000 (eight hundred and fifteen million) CFA Francs, by
CRCA.
10. Not satisfied with the explanations furnished by SAMIRIS SA, the Regional Insurance
Control Commission rejected the plan and decided to suspend the leaders of the Company
and to appoint a Provisional Administrator.
11. The CEO Mr. Roger Kamdem was suspended from duty and a legal liquidator appointed
by CIMA.
C. COMPLAINTS
The Applicant prays the Court to:
- DECLARE illegal Articles 6, 22, 48 et seq. of the Treaty of 10 July 1992 establishing CIMA.
- DECLARE illegal Articles 316, 317, 325-1 et seq. of the Insurance Code of CIMA member
countries.
- RULE that the member states of the Inter-African Conference on Insurance Markets
deliberately violated international human rights protection conventions of which they are
signatories;