• 25 September 2023

FOR IMMEDIATE RELEASE – Sierra Leone Commercial Bank Alerts Tertiary Institutions: Beware of Student Registration Fraud

FOR IMMEDIATE RELEASE – Sierra Leone Commercial Bank Alerts Tertiary Institutions: Beware of Student Registration Fraud
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FOR IMMEDIATE RELEASE

Sierra Leone Commercial Bank Alerts Tertiary Institutions: Beware of Student Registration Fraud

The Board and Management of Sierra Leone Commercial Bank (SLCB) caution all universities, colleges, and tertiary institutions about the growing issue of students attempting to commit fraud during registration.

Registration stands as a pivotal phase within the academic calendar of any tertiary institution. During this period, students officially enrol in their courses, make tuition payments, and submit necessary information for administrative purposes. Sadly, a minority of students endeavour to manipulate this process for personal gain, resorting to distorting or forging information.

SLCB’s Board and Management have observed a concerning uptick in incidents involving students who engage in activities such as fabricating academic credentials, altering financial records, or resorting to identity theft in order to secure enrolment and financial assistance. Such actions not only undermine the credibility of institutions but can also lead to significant financial losses.

To address these pressing issues and safeguard the interests of our institutions, SLCB’s Board and Management shall continue to strengthen its enhanced students’ registration verification processes to detect irregularities, raise awareness on the consequences of fraudulent practices, work with authorities by collaborating with law enforcement to prosecute offenders, and more particularly encourage reporting of suspicious activities with whistle-blower protection.We firmly believe that ensuring the integrity of the registration process necessitates a collaborative endeavour involving all stakeholders, encompassing students, faculty, staff, and administrators. By working together, we can construct a safer and more secure environment for higher education.

The Board and Management of Sierra Leone Commercial Bank remain unwavering in our commitment to upholding the highest standards of academic excellence and ethical conduct. We shall persist in our vigilance and address any challenges that may jeopardise the integrity of our esteemed institutions.

For additional information or inquiries, please contact Customer Lines at +232-79-211-121, +232-88-225-225, or the Corporate Secretariat at +232-78-645774.

Management

25th September, 2023.

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