An employee of the Société Générale de Côte d'Ivoire (SGCI) granted himself an overdraft of 600 million CFA Francs and flew away. He leaves a good account in the red with -450 million CFA Francs.

The first bank in Côte d'Ivoire by total balance sheet is shaken by a big case of internal fraud. Contacted by Financial Afrik, the management of the SGCI declares having seized the police authorities but, paradoxically, no complaint yet. The alleged person responsible for the fraud, an AS of information technologies according to his LinkedIn account, would he have acted alone by granting himself all the authorizations? Did he thwart the IT master plan and the protocol governing access? Who within the bank confirms the validation of entries? How then could the daily closing of the accounts, a chore that bankers know well, not detect this significant transaction? So many questions that cross the first bank of Côte d'Ivoire and WAEMU. The bank assures that this is an isolated case, which has no impact on the accounts of its customers.