ON THE GRAPEVINE: BCR official fired

Word reaching us from the Commercial Bank of Rwanda (BCR), is that one of the bank’s officials has been expelled due to abuse of office.

Word reaching us from the Commercial Bank of Rwanda (BCR), is that one of the bank’s officials has been expelled due to abuse of office.

Due to the mismanagement of the money disbursed by Actis, a private equity firm which is the holding company of BCR, the top board of the bank decided to sack the implicated official without further delay.

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