Saturday, September 22, 2018

U.S. May Aid Liberia In Search For Missing Millions!

President Weah & Information Minister Eugene Nagbe 

According to the DM The U.S. government is considering helping Liberia track down more than $100 million in missing cash, an embassy spokesman said, in a case that has triggered a political crisis in the impoverished country. Several shipments of freshly printed Liberian dollars ordered from abroad by the central bank have been unaccounted for since they passed through the country's main ports in November 2017 and August this year, Information Minister Eugene Nagbe said on Tuesday. Minister of Justice Frank Musa Dean said the government had sought U.S. help in investigating the whereabouts of the cash, equivalent to nearly five percent of Liberia's GDP. Washington has worked with the Liberian government on fiscal transparency and governance issues in the past. "(We) are reviewing the request for assistance," the U.S. embassy spokesman told Reuters via email late on Thursday. News of the money's disappearance - with cabinet members giving differing versions of events - sparked outrage in the West African country, with politicians and pressure groups calling for more transparency. The hashtag #BringBackOurMoney is trending on social media and a new Hipco song - a Liberian form of hip-hop - called "Bring Our Container Back" is a popular request on local radio. While the investigation is ongoing, 15 people have been barred from leaving the country, including ex-central bank governor Milton Weeks and Charles Sirleaf, son of former president and Nobel Peace Prize winner Ellen Johnson Sirleaf. Sirleaf has not been reachable for comment while Weeks on Tuesday denied any wrongdoing and said he was cooperating with investigators. "The authorization to print the money came from the board (of the Central Bank)... So, whatever is being said here, we need to get to the bottom of this," Weeks told Reuters on Thursday. President George Weah, who took office in January after campaigning for economic reform in one of the world's poorest countries, has yet to comment on the missing money.Government sources said he called an emergency cabinet meeting on Wednesday. Finance Minister Samuel Tweah meanwhile played down the crisis and said that not all the money was missing, contradicting Nagbe's statement. "(The investigation) is about establishing the accuracy of money that came in between 2016 and 2018, because we got reports that some irregularities happened along the way," Tweah told Reuters. (Additional reporting by Edward McAllister in Dakar, Writing by Cooper Inveen, Editing by Sofia Christensen and John Stonestreet).

What Do You Think!

Banknotes Worth $60m ‘Mysteriously Vanishes’ In Liberia!


The Liberian government says it is investigating what has happened to two huge consignments of money that were printed abroad and brought into the country between November last year and August this year. The money, said to be local banknotes worth about $60m (£45.6m), has allegedly disappeared. One media report says containers packed with the money left the port in the capital, Monrovia, under security escort in March and were thought to be headed for the central bank, but they vanished.The consignment that came through the international airport cannot be account for either. The justice ministry is asking the public to remain calm while a panel of security officers investigate the matter. Minister of Information Eugene Nagbe has told state radio that President George Weah, who took office in January, is “unhappy” that he was not informed about the situation until now. “This is alarming,” Mr Nagbe said. No arrests have been made so far, but the information minister says he is certain they will get to the bottom of the suspected scandal. Meanwhile, Liberia’s former central bank governor Milton Weeks says he is fully co-operating with the police as they investigate allegations that at least one container-load of newly printed banknotes has gone missing. Mr Weeks told the BBC’s Jonathan Paye-Layleh in the capital, Monrovia, that he was “definitely” not aware of any money missing after it was printed abroad, and brought to the country between November last year and August this year. “I myself want to get to the bottom of this to understand where these allegations are coming from,” he added. Mr Weeks said he still had all his “civil liberties”.


What Do You Think!

Happy Frist Day Of Fall! Outfits Brought To You By Liberian Fashionista Florence Flomo & Many More!

Florence Flomo


D Moore



Florence Flomo


What Do You Think!

Check Back For More..



HAPPY NEW MONTH OF DECEMBER

                                          17 Days left until X MAS.........