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40 billion FCFA confiscation case: The prosecutor clears the SIB

03/08/2022
Categories: Companies

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On the sidelines of a press conference held on Monday, August 1, 2022, the Deputy Public Prosecutor, Angbonon Richard, challenged the charge brought by Amon Koffi Julien. This is a case of confiscation of a sum of 40 billion CFA francs, for the benefit of the Société Ivoirienne de Banque (SIB).

The SIB, the Central Bank of West African States (BECEAO) and the Ministry of the Economy and Finance have been the subject of accusations on social networks for several weeks. They are accused of being involved in "one of the biggest scandals in the Abidjan financial center" amounting to 40 billion. According to Angbonon Richard, it is an attempted fraud, with false orders of transfers that did not prosper thanks to the control mechanisms of the SIB.

The Deputy Prosecutor stated that the "SWIFT" verification services of the SIB have noted anomalies, notably on the account number, on theThe Deputy Prosecutor stated that the "SWIFT" verification services of the SIB have found anomalies in the account number, the identifier and the address used on SWIFT, while stressing that SWIFT transfers are standardized, transparent, secure and traceable. The national cell of financial information processing of Côte d'Ivoire (CENTIF), the association of banks and financial institutions of côte d'Ivoire (APBEF-CI) and the judicial expert who discovered the situation, have noted that no funds were received by the SIB.

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