By: Fatmata Grace Okekearu Bo City
Two senior officials of Zenith Bank, Bo Branch are in police custody as investigations unfold into an alleged case of Conspiracy and Larceny by Servant involving a staggering sum of Le 2,155,898 reportedly belonging to QCell telecommunications company in Bo City, on March 27, 2025
The suspects, identified as Mohamed Tharm, Cash Manager, and Hassan Forna, Senior Note Counter at Zenith Bank, were apprehended following a formal complaint lodged by QCell’s head office in Freetown. The complaint stemmed from multiple deposits made by QCell agents that failed to reflect in the company’s bank account, raising serious financial concerns.
According to preliminary reports, when QCell’s management sought clarification from the Bo Branch of Zenith Bank, officials allegedly denied any knowledge of the missing funds. This response triggered heightened scrutiny, prompting law enforcement authorities to launch an in-depth investigation into the matter.
Subsequent searches conducted at the residences of the suspects unearthed multiple bank slips, further deepening suspicions regarding the extent of the alleged fraud. The discovery has raised alarm over potential systemic financial malpractice within the institution, compelling both legal and financial experts to call for comprehensive audits and regulatory oversight.
The arrests have sent shockwaves through the banking and business communities, with financial stakeholders urging strict legal measures to uphold the integrity of the country’s financial sector.
“This is a serious matter that goes beyond individual misconduct—it speaks to the trustworthiness of our financial institutions. If these allegations are substantiated, stringent penalties must be enforced to serve as a deterrent,” remarked a concerned resident.
Meanwhile, the Sierra Leone Police have reassured the public that thorough investigations are underway to uncover the full scope of the alleged scheme. Authorities have pledged to uphold transparency and due process, ensuring that justice is served.
The suspects remain in custody as inquiries continue. Law enforcement agencies are urging the public to report any suspicious financial dealings to help curb fraudulent activities within the banking sector.