SLCB Responds to Assertions With Regards EAP Group

The Sierra Leone Commercial Bank has in a press release issued on Monday 13th March disassociated itself from the EAP Group of Companies or Motherland City.

This development came just days after the  Anti-Corruption Commission (ACC) warned Sierra Leoneans and the public against dealing with the EAP Group of Companies or Motherland City, after starting an investigation into their operations.

According to the press release, SLCB stated that they will like to inform their customers and the general public that neither the bank as an institution nor the Managing Director in his private capacity, at any point in time invested or granted a loan to a certain company called the EAP Group of Companies.

Adding that the Bank considered any such assertion to be maliciously false and constructively baseless without substance.

The Bank further categorically states that the Managing Director has never visited the Anti-Corruption Commission (ACC) either voluntarily or involuntarily for any issues relating to the EAP Group of Companies.

Additionally that they as a Bank are mindful of their business responsibilities in the use of public funds, by being extremely prudent and diligent when making investment decisions. And want to reiterate that there has been no financial loss to the Bank or the Managing Director.

Also stating that as a leading public Institution, their doors are always open to scrutiny in respect of accountability and disclosure of any information of public interest.

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