We have no record of $34,000 counterfeit money at the Bank of Sierra Leone – says Director of Banking – Africa Links 24

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Rédaction Africa Links 24 with Abdul Rashid Thomas
Published on 2024-03-26 15:06:17

In a shocking revelation at Parliament, Sierra Leone’s Inspector General of Police, Fayia Sellu, made headlines with accusations of counterfeit money amounting to US$34,000 circulating within the country since 2021. Sellu, a seasoned law enforcement veteran, didn’t hold back as he emphasized the serious implications of this covert operation during his address on combating the pervasive kush rampage.

Sellu’s accusations were squarely aimed at the Bank of Sierra Leone, alleging their negligence in acknowledging and addressing the urgent issue despite repeated alerts from law enforcement authorities. With his background as the former Director of Crime Services for the Sierra Leone Police, Sellu’s claims carried weight, underscoring the gravity of the situation.

However, the response from the Bank of Sierra Leone was swift and unequivocal. Alfred Sama, the Director of Banking, vehemently refuted Sellu’s accusations, affirming the bank’s dedication to its duties to the state. Sama also emphasized that there were no records of counterfeit money in their possession, directly challenging Sellu’s allegations.

The timing of Sellu’s revelation sparked speculation nationwide. Many questioned why Sellu, who assumed office as Inspector General in 2022, waited until 2024 to bring such crucial issues to light. Some raised concerns about possible hidden agendas behind Sellu’s sudden outspokenness.

Citizens, driven by a sense of urgency and worry, began scrutinizing Sellu’s past silence, especially on the pressing issue of kush proliferation. The dangerous drug had spread through communities and even infiltrated law enforcement ranks, tarnishing the reputation of the Sierra Leone Police and drawing criticism from both the public and parliament.

As the controversy unfolded, Sellu found himself in the eye of a storm of accusations and suspicions. Was he intentionally ignoring the kush epidemic, deflecting attention with allegations against the bank? Or was he genuinely trying to address multiple crises simultaneously, albeit with questionable timing?

The nation anxiously watched as the drama played out, awaiting further developments and seeking clarity amid the swirling allegations and counterclaims. In a country grappling with the dual threats of counterfeit currency and drug proliferation, the call for decisive action and transparent leadership had never been more urgent.

Sellu’s revelations at Parliament shook the nation to its core, prompting a reassessment of its trust in law enforcement and financial institutions. The need for accountability and action from all parties involved was unmistakable, as the implications of counterfeit money circulating in the country raised concerns about the stability of the economy and the integrity of financial systems.

As investigations into the alleged counterfeit money continued and the accusations and denials played out in the public eye, Sierra Leone braced itself for what lay ahead. The fallout from Sellu’s revelations would undoubtedly have far-reaching consequences for the nation, shaping its future trajectory in ways that were yet to be fully realized.

Read the original article on Sierra Leone Telegraph

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