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Section 105, The Banking Act, 2019

Status not yet checkedThe Banking Act, 2019, Sierra Leone

Where a receiver has sufficient reason to believe that anyshareholder, director, key management personnel, attorney, accountant or other professional is engaged or engaging in a criminal or fraudulent activity in relation to the business of a bank in receivership that receiver shall- (a) notify the Central Bank immediately; and (b) institute a civil action to claim damages and restitution.

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