The Director of Corporate Affairs at the Sierra Leone Commercial Bank (SLCB), Victor Baindoma Esq., has confirmed to this medium that the current issue of procurement of vehicle for the bank has yielded much dividend for the financial institution.

And he said it would save the bank a huge sum of money that will reflect in the upcoming Bank Balance Sheet.

The Director of Corporate Affairs, who did not comment on the purchase of the vehicle because of the ongoing investigation into its purchase by the Anti-Corruption Commission (ACC), said both the Board and Management were very pleased with the purchase of the vehicle as it saved the Management from hiring vehicle.

Director Baindoma Esq. averred that whatever detractors may say, the vehicle in question is highly standard and has not developed any mechanical fault since its purchase and that the bank is fully utilizing it.

The Director, therefore, cautioned all and sundry to wait for the outcome of the ACC’s investigation, adding that SLCB is at present on a good footing with regards business profit-making.

Director Baindoma Esq. emphasized that SLCB is the first indigenous commercial bank in Sierra Leone and it is hundred percent owned by the Government of Sierra Leone (GoSL).

Adding that all staff members of the bank are citizens of this country. He disclosed that the bank made a whopping Le132 billion (old notes) in 2022 pre-tax.

The learned Director of Corporate Affairs, therefore, entreated media practitioners to cross check their information as the ethics of the profession mandates them.

He assured that having clocked 50 years since its establishment, SLCB is here to stay and to deliver as indicated by its Logo, “Delivering Value”.

Director Baindoma Esq. averred that despite the bank’s policy to promote the Sierra Leone media through loans and frequent advertisements.

“ It is sad that some journalists are more or less interested in presenting very negative information about the bank,” he said, and he described the behavior as ‘unprofessional journalism.’

“Even our banking products are of immense value and attractive to the general public but are deemed not worthy publication by some journalists who have taken a predilection in blackmailing the bank,” Director Baindoma Esq., said.