According to the Chadian government, 14 billion FCFA were illegally withdrawn from SHT accounts. Cited in the written press, radio and social networks in connection with this case for the past few days, Orabank Tchad is calming down its clientele.

Orabank Chad is being accused of embezzling 14 billion CFA francs from SHT accounts. “The bank's board of directors is doing everything possible to establish the facts”, reads a press release from the bank. A team of auditors from the Holding would be present on site and the subsidiary would work with the Chadian authorities and the regulator to reveal the truth.

Orabank Tchad is committed to drawing all legal consequences on this matter. “We reassure all stakeholders that our Group ensures compliance with the best international management standards, particularly in terms of governance,” the press release continues. “Ethics, responsibility and transparency are at the heart of our corporate responsibility,” adds the statement. Note that with 10 bank branches and 174 employees, Orabank Tchad remains a key player in the banking market in Chad.