In a press release dated Saturday, the Management of Mitanyen Cooperative Credit Union Limited said “on Friday 21 ^st August 2020, its Head Office at Sonac Street Bamenda was victim of an attack by unidentified armed men between the hours of 9:45 am and 10 : 00 am ”

The President of MitaCCUL who signed the press release without his name said the incident happened at a time when MitaCCUL Management and members have continued to observe neutrality during this crisis.

Although the management of the Credit Union failed to disclose how much was taken away by the armed men, they however said speculations on social media regarding the extent of the material loss are not consistent with reality.

“We thank God that with the security measures already in place, no human casualties were recorded and the material lost was greatly mitigated contrary to unverified speculations especially on social media,” the press release read in part. “We therefore take this opportunity to further inform the entire membership and the general public that despite the attack, operations continued in full confidence shortly after and there is no cause for alarm.”

The Management of MitaCCUL “congratulates” all persons who have stood by the Credit Union during this period and calls on each and every one to kindly desist from negatively exploiting the said incident.

As security forces battle armed separatists seeking to create a state called Ambazonia, insecurity has peaked in Bamenda, capital of the North West Region.

CCTV footage making rounds on social media suggests that five unidentified armed men staged Friday's robbery attack at MitaCCUL. They arrived on board a RAV4 jeep, ordered the yellow-cloth security guard into the bank before making away with an undisclosed sum of money.

Security forces are believed to have opened investigations into the incident although authorities in the region have since maintained sealed lips.