!DOCTYPE html>
All for Joomla All for Webmasters

 

The son of Liberia's ex-president Ellen Johnson Sirleaf Charged After Probe Into Missing Millions

The son of Liberia's ex-president Ellen Johnson Sirleaf, an ex-central bank governor and current bank official were charged with economic sabotage late on Monday after investigations uncovered evidence of possible malpractice by the regulator.

 

The case is the latest twist in a long-running scandal prompted initially by the feared disappearance of newly printed banknotes worth $100 million en route to the central bank — the equivalent of around 5 percent of the west African nation's gross domestic product.

Investigations by the Liberian government and the U.S. embassy last week established that the cash had indeed been delivered to the central bank.

However, the separate reports of the government and the U.S. embassy also highlighted possible discrepancies in the management of banknotes. The government also said a separate batch of banknotes worth $16.5 million remained unaccounted for.

Charles Sirleaf, who served as deputy governor of the central bank during his mother's presidency, was arrested shortly after the release of the reports last Thursday, along with the bank's former governor Milton Weeks and its current director of banking, Dorbor Hagba.

They were charged with multiple offenses during a public court appearance on Monday evening. These included economic sabotage, misuse of public funds and criminal conspiracy.

The court said Sirleaf and his former colleagues had printed extra banknotes for "their personal use and benefit."

Sirleaf is expected to appear in court later today. Lawyers for him and the other two defendants did not respond to multiple requests for comment. The central bank was also not available for comment. All three men have denied any wrongdoing.

Concord Newsdesk

A plea from Cameroon Concord........

Thank you for reading our magazine, we have a plea to ask you our readers. Over the last two years, hits on our articles have been climbing, we have had an increase in clicks and also a broader reading audience on our social media channels.Our readers have been writing to us requestion for news updates from Cameroon/Southern Cameroons. We have as well been trying to give you the best we can, however, we are short of finances to recruit reporters to carry on independent and investigative journalism which takes a lot of time, money and hard work to produce. We are therefore pleading on you to support our efforts for this platform to be able to keep up the good work we are doing.

For as little as €1, you can support Cameroon Concord– and it only takes a minute. Thank you.

 

Website: www.cameroon-concord.com Email This email address is being protected from spambots. You need JavaScript enabled to view it.
Share your views on this article

Headlines On Cameroonian English Tabloids

Modern Villa For Sale in Yaounde Cameroon

Cameroon Concord  is an online publication covering and reporting on  local and world news, sports, entertainment, politics, business, and religious news. Serving Cameroonians .

Newsletter

 

Get the latest news and information delivered directly to your inbox by subscribing to our news alerts.

ADVERTISE

Top
X

Right Click

No right click

We use cookies to improve our website. By continuing to use this website, you are giving consent to cookies being used. More details…