Estate Fraud… SLCB Dragged To Court

Documents in the hands of the New Age indicate that one of the government owned banks, Sierra Leone Commercial Bank (SLCB) acted negligently in terms of its fiduciary duties to the estate of Mohamed Bob Jalloh (deceased).
This fiduciary negligence by the Bank has resulted to the Bank being sued by one Umu Jalloh who is said to be the only surviving spouse of the late Mohamed Bob Jalloh deceased intestate.
That the estate of Mohamed Bob Jalloh includes: Musia Livestock Agribusiness Company Limited, Global Sustainable Agribusiness Consortium, Real Properties situated at Off Main Peninsular Road, Mambo Village and Falaba District Northern Province of the Republic of Sierra Leone. Holder of various bank accounts at the SLCB, RCB, UBA, Eco Bank and Falaba Community Development under its business entity.
That the Bank negligently and illegally granted a withdrawal from the estate of the late Mohamed Bob Jalloh to his brother one, Abdul Kareem Jalloh on the caveat of a letter of administration fraudulently, inappropriately and disproportionately.
That the Bank together with Abdul Kareem Jalloh and the General Manager of SLCB should recover the sum of SLE457,000 being monies due on the estate of the late Mohamed Bob Jalloh that was negligently and fraudulently withdrawn from the Musia Livestock Agribusiness Company Limited Bank account.
Efforts made by the New Age to reach Sierra Leone Commercial Bank (SLCB) proved fruitless as the Managing Director, Yusufu Abdul Silla promised that the Company Secretary of SLCB will respond to the concerns.
More on this in subsequent editions.