US Report on Liberia’s Missing 16 Billion: ‘No Information to Support Allegations Containers of Money Missing’ - News Summed Up

US Report on Liberia’s Missing 16 Billion: ‘No Information to Support Allegations Containers of Money Missing’


Kroll found no information to support allegations that a container of banknotes went missing. The Report identifies systemic and procedural weaknesses at the CBL, and identifies shortcomings in Liberia’s fiscal and monetary management processes that are longstanding and continue to the present day. Excerpts from Opening Statement of US Report on Liberia’s Missing BillionsThe US Embassy sponsored this report on the condition that we, as the client of Kroll, release the report publicly. Kroll found no information to support allegations that a container of banknotes went missing. The Report identifies systemic and procedural weaknesses at the CBL, and identifies shortcomings in Liberia’s fiscal and monetary management processes that are longstanding and continue to the present day.


Source: Front Page Africa February 28, 2019 10:52 UTC



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