For Alleged Procurement Fraud… ACC Exonerates Managing Director of Sierra Leone Commercial Bank

By Esther Wright

The Managing Director of the Sierra Leone Commercial Bank (SLCB), Yusufu Abdul Silla, has been exonerated by the Anti-Corruption Commission (ACC) of any criminal or financial misappropriation in the procurement of fifteen operational vehicles and an official vehicle for his use.

Sources within the anti-graft agency have revealed that after a comprehensive investigation, the ACC concluded that Yusufu Abdul Silla acted without criminal intent, although some administrative breaches were noted. All the vehicles in question were confirmed to be brand new with zero mileage.

This ACC report contradicts earlier media allegations of financial misappropriation against the Managing Director regarding the vehicle procurement. The acquisition of these vehicles has reportedly resulted in significant cost savings for the bank, which previously relied heavily on rentals for its daily operations.

Additionally, a reliable source from the ACC indicated that recommendations have been handed over to the SLCB’s Board of Directors. These recommendations aim to implement stringent measures to prevent future procurement processes from lacking thorough administrative oversight.

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