SLCB Reacts to Accusations of Improper Loan Disbursement

By Esther Wright

Victor Thomas Biandoma, Esq., Corporate Affairs Director at the Sierra Leone Commercial Bank (SLCB), has issued a statement addressing concerns over alleged unjustified loan disbursements.

He clarified that loans flagged in the Auditor General’s Report underwent thorough evaluation, adhering to the Bank’s stringent credit policies. The Corporate Affairs Director outlined eligibility criteria, including a robust credit history and a viable business strategy.
Emphasizing transparency and diligence, Victor Biandoma assured stakeholders that loan approvals were based on prudent financial considerations aimed at fostering economic development.

“The SLCB, renowned for its governance, prioritizes financial integrity,” he affirmed.

SLCB Corporate Affairs Director also assured that all accusations of misconduct are under investigation to maintain the Bank’s principles and customer trust.

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