ACC Investigation Finds Sierra Leone Commercial Bank Managing Director Acted Without Criminal Intent

Recent scrutiny over the Sierra Leone Commercial Bank’s Managing Director, Yusuf Abdul Silla, highlights findings from the Anti-Corruption Commission (ACC) investigation. The ACC’s thorough review found no evidence of criminal intent in Yusuf Abdul Silla’s actions, despite administrative breaches related to the procurement of vehicles.

The investigation confirmed that all vehicles purchased, including fifteen operational vehicles and an official vehicle for the Managing Director’s use, were brand new with zero mileage. The ACC’s scrutiny acknowledged procedural deviations, such as the absence of advertisement, driven by practical necessities rather than malicious intent. Notably, the decision to procure directly from Al Kuwait Motors in Dubai was to expedite the process and achieve long-term cost efficiency, replacing the bank’s previous reliance on rentals.

While acknowledging these procedural lapses, the ACC’s findings underscored that Yusuf Abdul Silla’s decisions aimed at enhancing the bank’s operational efficiency. The recommended administrative actions emphasize the need for stronger procedural frameworks rather than punitive measures, reflecting a commitment to transparency and accountability.

Moving forward, Yusuf Abdul Silla remains dedicated to implementing ACC recommendations to strengthen the bank’s procurement processes and ensure compliance with regulatory standards.