David Borbor, the Director of the Financial Intelligence Unit (FIU), has announced that the FIU has frozen some accounts associated with agents who worked for Super Advertis in Sierra Leone.
The sum of 3.4 billion old leones was frozen in response to the sudden closure of the Super Advertis investment early this month.The company failed to obtain a license from the Bank of Sierra Leone and the FIU, which are key in the provision of necessary financial services in the country. The director added that Super Adertis did not approach the regulatory bodies for the required license.
The FIU pursued 30 accounts linked with agents operating through Africell and Orange money and have frozen the said amounts as investigation continues. The company was owned by a Chinese man whose information has been provided to the Sierra Leone Police and the matter is under investigation. The FIU will work hard to clarify the destination of the frozen funds.