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Theft: agents of a microfinance structure receive a sentence of 07 years

01/07/2024
Source : ORISHAS-FINANCE
Categories: Compliance

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On Thursday 20 June 2024, the Court for the Suppression of Economic Offences and Terrorism (CRIET) pronounced the conviction of 4 individuals prosecuted for acts of cash theft and false certificates in a microfinance institution operating in Bantè.

Un chef d' agence et 03 autres agents ont écopé d' une peine de 07 ans de prison ferme et 900.000 francs CFA d' fine for facts of breach of trust, theft of cash and blanchiment capital” in a case of cash theft in a microfinance institution in Bantè, department of Collines. The branch manager and the credit manager, according to the judge's decision, will have to pay the sum of 301 million CFA francs to the microfinance structure, as damages. The defendants, according to the prosecution, created fictional accounts to make loans to savers who never existed

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