Tag Archive for ‘Central Bank’
“Our total disagreement and concern is with the overreach of this bill which in effect disenfranchises these individuals from exercising their political choice. It would seem by doing so would be penalizing them for having rendered invaluable services to the country. We are all aware of the role played by the bank in the negotiations and the arduous work done by it toward meeting the benchmarks that were required by the IMF and World Bank for external debt relief. We are also aware of the bank’s continuing astute management over the financial system of Liberia in adopting sound policies for the growth and expansion of the economy. We are cognizant of the low savings rate and depth of non-performing loans which have been some of the major challenges facing the banking system. The bank’s role in channeling loanable funds to underserved segments of the population should be embraced and further harnessed”.
Triangular Web of Thievery, Finance Minister and Deputies Feast on Public Coffers.
“An elaborate scheme to defraud the Liberian taxpayers and drain the country of the needed revenue for personal enrichment at Ministry of
Finance is currently in effect under the under the disguise of “Revenue Enhancement” program with the Deputy Minister for Administration, Jordan Solunteh as mastermind in acquiescence with the Deputy Minister for Revenue, James Kollie and the Finance Minister, Amara Konneh”.