Newly Emerged Financial Scam at EAP Group of Companies: Anti-Corruption Commission Steps In

Freetown, Sierra Leone

The Anti-Corruption Commission (ACC) has initiated an investigation into the EAP Group of Companies following allegations of a fraudulent financial scheme. below are some key details:

Allegations of Non-Existent Properties

In York, Western Area Rural District, numerous potential homebuyers involved in the “Motherland City” project have reportedly paid deposits for properties that do not exist. The EAP Group of Companies, which aims to provide affordable homeownership opportunities, has recently received negative headlines.

Founder’s Controversial Past

Preliminary findings suggest that the founder of EAP Group of Companies holds a questionable past and uses different names and passports for various countries. Authorities in Nigeria have sought the ACC’s help in apprehending him on criminal charges.

Echoes of Previous Financial Scam

The EAP Group of Companies situation recalls the Wealth Builders episode that affected Sierra Leone almost a decade ago. In that incident, individuals accused the regulatory authorities of failing to intervene and prevent financial mismanagement of their funds.

ACC Determined to Make a Difference

This time around, the ACC is actively heading the investigation into the EAP Group of Companies and its founder, working swiftly to protect citizens from potential harm.

Transparency and Public Engagement

Commissioner Francis Ben Kaifala, also known as “the People’s Commissioner,” pledged transparency and public involvement in the inquiry. The ACC pleaded with the public to share any relevant information concerning the case and emphasized the crucial role government entities must play in monitoring company registrations and operations.

Communication and Dialogue

As the investigation progresses, the ACC maintains open communication with the public and offers clear instructions on reporting corruption and fraud. It consistently updates the public on the measures being taken to bring offenders to justice.

Building Partnerships for Thorough Investigation

While compiling evidence, the ACC is collaborating with national and international organizations to ensure a comprehensive investigation. The Commission remains dedicated to ridding Sierra Leone of financial crimes and protecting the funds of its citizens.