BRAC CEO Vows Zero Tolerance For Fraud

BRAC-CEO-Vows-Zero-Tolerance-For-Fraud

The Chief Executive Officer of BRAC Liberia Microfinance Company Ltd., Dyson Mandivenga, has issued a stern warning against fraudulent practices within the institution, even as he praised staff for their outstanding performance in 2025.

Speaking at the BRAC Liberia Best Performance Award 2025 ceremony held on Saturday, April 4, 2026, at Riverside Beach along Hotel Africa Road, Mandivenga emphasized that integrity remains non-negotiable for all employees.

The event, held under the theme “Reaching Every Corner, Empowering Youth and Women,” brought together hundreds of staff from across the country to celebrate achievements and recognize excellence. While acknowledging the dedication of employees, Mandivenga made it clear that the institution will not tolerate fraud or any form of financial misconduct.

“I don’t want to dismiss people. It’s not in me to fire people. But lately my hand has been signing dismissal letters,” he told the gathering. He warned that a few individuals engaging in dishonest practices could undermine the collective achievements of the organization. “I don’t want a few people to spoil the excellent work that the rest of you are doing,” he stressed.

Mandivenga reiterated BRAC Liberia’s strict stance on fraud, noting that any staff member found guilty would face immediate dismissal without hesitation. “I will not tolerate fraud. I put zero tolerance to fraud,” he declared. “Any issue to do with fraud, I will not hesitate. I will sign off and we take you out.”

Despite the strong warning, the CEO expressed confidence in the integrity and professionalism of the majority of the workforce. “When I look at your faces, I see people who are honest and dedicated to their work,” he said, urging employees to spread the message of accountability among their peers.

He commended staff for consistently exceeding performance targets, describing their contributions as vital to the organization’s growth. “I’m very, very proud of the entire team,” Mandivenga noted. “Each year we challenge you with targets, but you exceed them.”

He encouraged employees to recognize and take pride in their achievements, assuring them of management’s continued support. “It’s very important that you credit yourselves for the good work that you’ve been doing over the years,” he added.

During his remarks, Mandivenga announced that the institution’s Board of Directors has approved a Staff Loan Scheme aimed at improving employee welfare. He explained that the initiative will initially target branch-level staff, including managers, credit officers, service personnel, drivers, and accountants.

“The staff loan scheme has actually been approved by the board, and this year we are going to work on the modalities of how it will be implemented,” he disclosed. Mandivenga also revealed plans to introduce a staff salary advance program that will be accessible to all employees once guidelines are finalized.

In addition, he addressed concerns surrounding the company’s medical insurance provider, noting that management is reviewing the arrangement following mixed feedback from staff. “Some are complaining that they are not serving you well, while others say they are doing fine,” he said, adding that a survey will be conducted by the end of June to guide decision-making.

The CEO further emphasized the importance of staff well-being, urging employees to take their annual leave while calling on supervisors to ensure proper scheduling. “There is no one who can work throughout the year without taking a break,” he said.

Mandivenga also assured employees that future staff transfers will be handled in a more structured and considerate manner, with adequate notice and logistical support. He reminded staff, however, that their employment agreements require flexibility to work anywhere within Liberia.

The CEO highlighted the importance of integrating BRAC’s Adolescent Girls Initiative (AIM) with its microfinance services, describing the transition of beneficiaries as a strategic priority. “The transition of AIM participants to microfinance is non-negotiable,” he emphasized. He noted that BRAC Liberia currently leads among microfinance institutions in successfully transitioning AIM participants into financial services.

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