Liberia: Central Bank Gives Conflicting Figures in US$25m Probe amid Calls for Tweah, Patray Arrest - News Summed Up

Liberia: Central Bank Gives Conflicting Figures in US$25m Probe amid Calls for Tweah, Patray Arrest


Kroll acknowledged that the data in the spreadsheet titled ‘USD During Auction’ matched the values in the corresponding general ledger account (named ‘CBL Special MOP-UP Exercise Escrow’). FrontPageAfrica also noticed discrepancies in the date the so-called mop-up exercise ended. The CBL in its Tuesday’s statement indicated that between July 2018 and October 2018, a total of US$17 million was infused into the economy. However, the President Weah in his second Annual Message stated that the US$17 million mop-up exercise covered July 2018 to December 2018. Kroll further indicated in its report that as at December 7, 2018, US$15 million had been expended on the mop-up exercise.


Source: Front Page Africa March 07, 2019 01:52 UTC



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