South Sudan President Salva Kuir Tasks New Central Bank Governor To Strengthen The Financial Institution

By Deborah Akur Chol, South Sudan
South Sudan President Salva Kiir Mayardit has assigned the newly appointed governor of the Bank of South Sudan, Dr. Addis Ababa Othow, the crucial task of implementing reforms to enhance governance and restore best practices within the Central Bank.
During the swearing-in ceremony for Dr. Othow and his deputy, Samuel Yanga Mikaya, on Wednesday, President Kiir emphasized the need for immediate action to cultivate transparency, accountability, and discipline in the institution.
Expressing his deep concern over ongoing financial malpractices, the President specifically addressed the alarming issue of officials soliciting “10 percent” kickbacks in financial transactions.
He warned that any individual found engaging in such unethical behaviour would face severe consequences.
“Such misconduct is unacceptable and will not go unpunished,” President Kiir declared, instructing the Financial Intelligence Unit to enhance its oversight function and report any infractions directly to his office on a regular basis.
He further encouraged the new leadership to embody integrity, fairness, and efficiency as they work to instigate meaningful change and rebuild public confidence in the
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