(JUBA) – The newly appointed leadership of the Bank of South Sudan (BoSS) has issued a strong warning to staff to immediately stop the reported practice of demanding 10 percent kickbacks during client transactions, calling it unethical and damaging to the integrity of the institution.
Governor Dr Addis Ababa Othow and First Deputy Governor Samuel Yanga Mikaya addressed staff at the BoSS headquarters shortly after their official swearing-in, stressing the importance of professionalism, accountability, and transparency. The officials said the alleged practice of soliciting commissions from clients had no place in a public financial institution.
Governor Othow outlined his vision for the bank, calling for staff unity, institutional reform, and a focus on economic stability. He urged staff to uphold the bank’s core values of teamwork, integrity, and service delivery.
“I want us to observe the core values of the bank such as teamwork, professionalism, excellence, accountability and transparency,” Dr Othow said, urging staff to stay committed to their roles and avoid practices that damage the bank’s reputation.
First Deputy Governor Mikaya echoed the call, warning that the 10 percent commission practice must stop immediately.
“All staff must immediately cease the alleged practice of taking 10 percent commissions,” Mikaya said. “Such actions erode institutional credibility and must not continue.”
Second Deputy Governor Rita Nyankiir Akoon also addressed the gathering, calling on staff to work together to improve the public image of the bank. She urged staff to support the leadership’s agenda and maintain the highest ethical standards in service delivery.
In a separate meeting, Governor Othow chaired a high level internal session involving the Deputy Governors and Directors General to begin work on a roadmap for strengthening and managing the national currency. The meeting focused on tackling inflation, stabilising prices and improving overall economic performance.
The central bank’s leadership has pledged to rebuild public trust, ensure effective policy implementation, and modernise its institutional structure. Staff have been asked to cooperate fully with the new leadership and commit to the transformation agenda aimed at restoring stability and efficiency in South Sudan’s financial system.
The welcoming ceremony and briefing session were attended by members of the BoSS Board, senior management, and staff from various departments.
