A private source, in a statement to Sada Economic Newspaper, expressed surprise over the refusal to sell the French partner’s share in Sahara Bank to two local companies, despite their right to own 19%.
The source denied referring to the transaction as a theft, emphasizing that it was a legitimate sale between the French partner and the two companies, contrary to what has been circulated on some social media pages.
The source explained that this issue dates back to 2011, following the suspension of the French company’s activities. The partner had offered its share for sale on the stock market, and the two companies purchased it. The source confirmed that no legal action has been taken regarding the matter, indicating that there were no issues with the transaction, except for some delays caused by certain parties.
Furthermore, the source confirmed that all relevant authorities were notified about the sale process as early as July, and no objections were raised at the time.
