Senator Amara Konneh Debunks Corruption Allegation Linking Him to GAC Audit Report on Central Bank
The General Auditing Commission (GAC) reported that the General Reserve Account has been running a negative balance of L$18 billion since January 2018. Senator Konneh shared a timeline of the budget support received from the International Monetary Fund (IMF) to provide context. He explained that the audit findings suggest the CBL made an error in accounting for the Extended Credit Facility (ECF) loan for budget support. “First, the General Reserve Account is the result of cumulative income and loss (retained earnings) over the period under review. We encourage all interested parties to review the audit report in full to understand the context of its findings.
Source:Front Page Africa
August 02, 2024 21:06 UTC
Liberia: FrontPageAfrica Weighs In on Unity Party-Led Government’s War on Graft Amid Opposition Criticisms
Several people claimed that his war against corruption has focused on members of the opposition party, the CDC. Speaking to FrontPageAfrica, some political watchers expressed their views on the anti-corruption war by President Boakai. Ebee Kollie, a staff of Cuttington University, said “This war on corruption by President Boakai is a God sent Effort. Joseph Nyuma Boakai, President of LiberiaMoore Kieta, a student, said: “I wholeheartedly support the war on corruption by President Boakai. “How can someone say that the war on corruption is one sided, they are all playing partisan politics.
Source:Front Page Africa
August 02, 2024 20:14 UTC
“Gov’t Not Deterred by Your Empty Threats”
You have permission to edit this article.
Source:Daily Observer
August 02, 2024 09:48 UTC
‘Don’t Ignore People Who Could Help You Succeed’ – Former LCC President Cautions Government
We can’t afford to ignore the potential God has given us to succeed,” Bishop Brown asserted. “It’s a failed policy to ignore people who could help you succeed,” he stressed. While cautioning the government, Bishop Brown also highlighted the importance of citizens valuing the capabilities of others who can help them achieve their goals. “Many Liberians find it difficult to succeed,” he said, “because they ignore people in their lives who could help them succeed. Bishop Brown noted that this should serve as a lesson for all.
Source:Front Page Africa
August 02, 2024 08:52 UTC
Liberia: Suspension of CBL Executive Governor Faces Scrutiny as Bank’s Act Requires Impeachment
“President Joseph Nyuma Boakai, Sr., has reactivated the Economic Management Team… President Boakai has named Mr. Henry F. Saamoi as Acting Executive Governor of the Central Bank of Liberia (CBL). These transactions lacked legislative ratification, contrary to Article 34 d (iii) of the 1986 Constitution of Liberia and Section 46.2 of the CBL Act of 1999. CBL independenceThe suspension of the CBL Governor based on what many view as a political audit report raises concerns about the independence of the Central Bank of Liberia. The independence of a central bank is crucial for maintaining monetary policy credibility, ensuring financial stability, and promoting investor confidence. It is important to ensure that any investigation or decision regarding the central bank governor is conducted transparently, adhering to legal procedures and maintaining the principles of due process.
Source:Front Page Africa
August 01, 2024 21:25 UTC
Tweah Again!
You have permission to edit this article.
Source:Daily Observer
July 31, 2024 09:30 UTC
Liberia: CDC Secretary General Koijee Promises ‘Stiff Resistance’ Against Indictment of Ex-president Weah’s Officials
Webster Clayeh (0886729972)-[email protected]The CDC Secretary-General’s statement comes after several past officials were indicted by the Monrovia City Court on Monday, July 29, 2024, on corruption charges. These officials include former Finance Minister Samuel D. Tweah, former Solicitor General of Liberia, Cllr. Nyenati Tuan, and the former Comptroller of the Financial Intelligence Unit, now the Financial Intelligence Agency, were sent to prison by the Monrovia City Court on charges of economic sabotage and theft among others. In response, the CDC Secretary General says: “The peace of the country is bigger than Mr. Boakai and his shameless and spineless risky mission.”Koijee added: “Any attempt to politicize the peace and weaponize the Judiciary will be defaced and met with stiff resistance. The Liberian Mohammed Morsi is in the making.”Despite his outburst, the CDC Secretary General called on all citizens, especially partisans of the CDC to remain calm, adding that the National Executive Committee of the Party is in full control of the situation.
Source:Front Page Africa
July 30, 2024 15:32 UTC
Liberia: Former Finance Minister Tweah Calls Indictment a ‘Total Witch Hunt’ by Unity Party Government
Monrovia – Former Minister of Finance Samuel Tweah Denounces Government Indictment as “Total Witch Hunt”By Gerald C. Koinyeneh, [email protected]Former Minister of Finance and Development Planning Samuel Tweah has termed the government’s indictment against him as a “total witch hunt.”On Monday, Tweah and several former top officials of the Weah-Taylor administration were indicted on charges of economic sabotage, theft, and illegal disbursement of funds. Officials indicted alongside Tweah include former National Security Advisor Jefferson Karmoh, former Solicitor General Cllr. Nyenati Tuan, ex-Comptroller of the Financial Intelligence Unit (now FIA) D. Moses P. Cooper, and former Director General of the Financial Intelligence Agency (FIA) Stanley Ford. Tuan, Karmoh, and Cooper were imprisoned after failing to present a criminal appearance bond, as they could not afford the amount required for economic sabotage. “Working with my lawyers and others, I stand ready to defeat this witch-hunt and vindicate my reputation through the justice system,” Tweah said.
Source:Front Page Africa
July 30, 2024 15:27 UTC
‘26’ Exposes Dependents
You have permission to edit this article.
Source:Daily Observer
July 30, 2024 14:48 UTC
Liberia: Orator Pailey Calls for Comprehensive Economic Reforms
In her vision for economic transformation, Dr. Pailey called for a shift from resource extraction to industrialization. "Our education system must not only prepare students for university but also equip them with practical skills needed in the workforce," Dr. Pailey asserted. Dr. Pailey also highlighted the importance of supporting the creative economy as a driver of economic growth. "Our local agribusinesses are crucial for enhancing food security and promoting economic self-reliance," Dr. Pailey emphasized. We must hold high-level offenders accountable and restructure our anti-corruption mechanisms to ensure impartiality and effectiveness," Dr. Pailey urged.
Source:Daily Observer
July 29, 2024 22:02 UTC
Liberia: Family of Late Alvin Koller Myers Calls on LNP to Launch Full Investigation into their Brother’s Death
MONROVIA – Amil Myers, the brother of Alvin Koller Myers, who was mysteriously murdered while working as a gate-man on the Old Road, near Tupee Taylor Junction, is calling on the Liberia National Police to conduct a thorough investigation into his brother’s death. The woman he worked for said armed robbers entered the fence and killed him at 1 am,” he explained. That night, Myers rushed to the scene on Old Road, but the lifeless body had already been taken to John F. Kennedy Hospital. “I went there with my family, but by the time we reached the scene, his body was gone. It was 2 o’clock when they removed the body from the scene,” Myers told FPA.
Source:Front Page Africa
July 29, 2024 20:23 UTC
Liberia: US Envoy Walkout Overshadows Liberia’s 177th Independence Anniversary Celebration After Orator’s ‘Provocative’ Comments
“I remain very concerned about the outsized influence of the United States in our transitional justice process,” Dr. Pailey noted. The U.S. Embassy in Monrovia responded by emphasizing that Independence Day celebrations should be a time for hope, unity, and celebration. Unfortunately, the national orator introduced divisive rhetoric and unfounded accusations… Independence Day is a time for hope and unity. Unfortunately, the national orator introduced divisive rhetoric and unfounded accusations… Independence Day is a time for hope and unity. The CDC issued a statement late Friday, stating that the National Independence Day Oration should focus on peace and prosperity rather than attacks.
Source:Front Page Africa
July 29, 2024 18:53 UTC
“Let Dignity Define Us”
You have permission to edit this article.
Source:Daily Observer
July 29, 2024 16:52 UTC