Skip to main content

Liberia police charge son of ex-leader in banknote scandal






MONROVIA, Liberia (AP) - Liberian police on Monday formally charged the 61-year-old son of the country's former president, Ellen Johnson Sirleaf, in connection with the unlawful overprinting of local currency worth millions of U.S. dollars. Separately, police also opened an investigation into the death of a central bank official.

According to the charge sheet shared with The Associated Press by police, Charles Sirleaf and others, including former Central Bank governor Milton Weeks, face a multitude of charges, including economic sabotage, the misuse of public money and criminal conspiracy.
The men, arrested Thursday, have been taken to Monrovia Central Prison pending their court appearance.
Lawyers for the accused did not publicly comment about the charges.
Their arrests came after a government report and a separate U.S.-commissioned report pointed to the mishandling of billions of Liberian dollars in local banknotes.
According to the U.S.-backed report, Liberia's central bank unlawfully ordered three times the number of bank notes it had been authorized to print, money that it can't wholly account for.
Sirleaf was a deputy governor at the country's central bank during the period when the bank notes were unlawfully ordered. Sirleaf has denied any wrongdoing.
The U.S. Embassy in Monrovia commissioned the probe by the U.S.-based firm Kroll Associates following reports in August that about $100 million worth of Liberian bank notes had disappeared - an amount equal to nearly 5 percent of the West African country's GDP.
Kroll said its investigation found no evidence of a large shipment of cash going missing as had been reported by local media. Instead, the new bank notes are said to have arrived from a Swedish company but the central bank then failed to properly track what was done with them. The report said most of the bank notes are believed to have been put into circulation without authorities removing and destroying the old bills they were designed to replace.
It said officials at the central bank had not cooperated in explaining who approved the injection of new bank notes without removing the old ones.
In a separate development, Liberian newspaper FrontPage Africa on Monday reported on the death of the Central Bank of Liberia's deputy director of micro-finance Matthew J. Innis.
Innis is said to have left his house Saturday morning before being involved in an alleged hit-and-run on Sunday.
Police spokesman Moses Carter warned people against drawing early conclusions into the incident, saying they were investigating the "circumstances surrounding" the accident to know "whether it was intentional or unintentional."


Comments

Popular posts from this blog

President George Weah's One Day National Forum Successfully Attended by 26 Political Parties

On Thursday, August 8, 2018, President George Weah had a sit down with 26 political parties of Liberia.  The meeting aimed at advancing ideals that promote the spirit of national unity and political tolerance between opposition political parties and the government.  ANC, LP and UP attended the meeting as a team. According to Deputy Minister Eugene L. Fahngon, Deputy Minister for Press and Public Affairs at Ministry of Information, Cultural Affairs & Tourism, all 26 political parties attended and participated from start to finish.  Even though, social media was buzzing about AB Dillion walking out of the meeting, he walked out as an individual and not a political party, "the invitation was extended to political parties and not to individuals," Minister Fahngon stated in his live video.  Each political party gave ideals and recommendations, which made the meeting a great success.  According to  Deputy Minister Fahngon, "there will be future engagements as such.&quo

What President Trump and Kim Jong Un Ate

The historic summit between President Donald Trump and North Korean leader Kim Jong Un continued midday Tuesday, as the leaders satisfied their appetites while holding negotiations with a contingent of advisers over a working lunch. The lunch, which followed a 45-minute one-on-one meeting between the leaders earlier in the morning and bilateral discussion with senior aides, was held at the Capella Hotel on Singapore’s Sentosa Island. It was far from an intimate affair, with each leader accompanied by a bevy of senior staff, according to the White House. Joining Trump were Secretary of State Mike Pompeo, Chief of Staff John Kelly, National Security Advisor John Bolton, U.S. Ambassador to the Philippines Sung Kim, press secretary Sarah Huckabee Sanders, and Deputy Assistant to the President for Asian Affairs Matthew Pottinger. Kim was accompanied by Kim Yong Chol , the former spy chief and one of North Korea’s chief negotiators, as well as Foreign Minister Ri Yong Ho, former

Top Five Liberian Wedding Songs

Check out these hot songs for an awesome Liberian wedding.  From the first dance to the grand march, these Liberian songs will set the mood just right for a wedding night of good time and celebration.   Kizzy W - Wait Nah: Perfect for a first dance on your wedding day  Spoil You With Love by Joseph Dean, KZee and Marvelous MC is already a popular song in Liberian weddings, perfect to march into the your reception hall.  Simple Mistake by Friday the Cellphone Man: A wedding is not a Liberian wedding without a grand march and this is the perfect song for a grand march.  Kamah by DenG: After the formality, it's time to party, this is a dance song and it's about love, a man bragging about the love he has for his woman.  Slow it Down by Benji Cavallia: A love song that you can dance to, a man bragging that he will do anything for his love.