Amid Latest L$16 Billion Report Released, Milton Weeks Submits for Questioning - News Summed Up

Amid Latest L$16 Billion Report Released, Milton Weeks Submits for Questioning


Meanwhile, Moses carter, Spokesman of the Liberia National Police, confirmed to that Weeks was arrested Friday morning. In 2016, the total amount of L$5,146,250,000 printed and shipped by CRANE Currency was received by the Central Bank of Liberia. The amount of L$359,750,000 was printed in excess of the 10,000,000,000 Liberian dollar banknotes contracted for by the Central Bank of Liberia. In 2017, the Central Bank of Liberia contracted CRANE Currency to print L$10 billion at a contract valued of US$10,121,689.20. The Central Bank of Liberia did not provide any amendment to the contract or any document to justify the overpayment.


Source: Daily Observer March 01, 2019 21:33 UTC



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