Sada economic newspaper circulated a leaked letter sent by the Branch Director of the Bank of Commerce and Development to the management of the other branches about a number of front companies.
According to the letter, a number of companies demanded to open bank accounts. However, the bank refused their demands as there was no reliable data about them.
These companies are: Shara Jamal Sanitation Services Company, Abr Al-Sahel Fuel Distribution Company, Al-Kalaa National Group for the Importation of Food Items as well as Nawat Al-Mostakbal Company for Medical Services.
A reliable source at the GNA’s Ministry of Economy and Industry told Sada economic newspaper that these companies have not been listed in the Central Commercial Register since 2017, which makes it clear that they are front companies.
