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Sunday, August 14, 2022

As Special Committee Fails To Reach Conclusion On Alleged Sexual Harassment… Bank of Sierra Leone Orders RCB Board To Make Conclusive Decisions

“Because this complaint has taken rather long to conclude, due to the long delay in getting the committee’s report, please submit the Board’s deliberation not latter than close of business on Monday 1st August 2022,” the Bank Governor Added

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The Special Investigation Committee that was set up by the Board Chair of Rokel Commercial Bank,   (RCB) Buffy Bailor failed  to reach conclusion on a case of alleged sexual harassment and job intimidation directed at the Managing Director of Rokel Commercial Bank, Walton Ekundayo Gilpin by the Legal Adviser and Company Secretary of the Bank Magret Davies.

“With regards to the conclusion, the committee was unable to reach a consensus as there were diverging views from the committee members. Therefore, committee members were given the opportunity to present their individual opinions on the content of the report, which is included in this document. Hence, the ultimate decision lies with the Board of Directors and the Bank of Sierra Leone,” the Special Investigation Committee stated in its report.

In a letter dated 18 July and addressed to the Chairman, Board of Directors of Rokel Commercial Bank the Bank Governor stated that because RCB  is not under the enhanced supervision of Bank of Sierra Leone (BSL), the board is the body that is responsible for corporate governance and that accordingly, the RCB Board is being directed to review both the report of the special investigative committee, the legal opinion of the Bank of Sierra Leone as well as the corporate governance policy of  bank to come to a definitive conclusion about the alleged sexual harassment and to suggest disciplinary measures if necessary.

“Because this complaint has taken rather long to conclude, due to the long delay in getting the committee’s report, please submit the Board’s deliberation not latter than close of business on Monday 1st August 2022,” the Bank Governor Added

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