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Mining Firm BCM probes incidents of gross mismanagement, possible diversion, embezzlement of funds by senior officers

Mining Firm BCM has revealed that over the last several months, the Group has noted with grave concern the discovery of incidents of gross misman

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Mining Firm BCM has revealed that over the last several months, the Group has noted with grave concern the discovery of incidents of gross mismanagement, possible diversion and embezzlement of funds, by senior officers entrusted with financial responsibility within the organization.

The firm says it is investigating this matter.

A statement issued on Wednesday January 26 said “The Board and Management of BCM Group extends its warmest greetings to its numerous partners, customers, communities in which it operates and the general public, and wishes them a very Happy and Prosperous New Year.
Over the last several months, the Group has noted with grave concern the discovery of incidents of gross mismanagement, possible diversion and embezzlement of funds, by senior officers entrusted with financial responsibility within the organization.

“We are in the process of conducting a full-scale audit and review of operations, with a view to establishing the culprits, improving our service delivery and streamlining our activities. Where appropriate the Group will institute criminal complaints against the culprits.

“In the interim the Board and Management wish to assure its various partners, and the general public, that BCM which has served in West Africa for over 25 years continues to be one of the leading mining and civil contractors in Sub-Saharan Africa; the current internal investigations will shortly be concluded, do not in any way affect the running of its various operations.

“The Group with its highly skilled and dedicated professional team, urges all those seeking clarification on any issues, particularly the media, to do so, through the below contact details; Office of Corporate Affairs Telephone Number: 0546137912”

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