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How Much Money did Liberia’s Former Administration Leave in the State Coffers?

Modern high-rise building of the Central Bank of Liberia with glass facade.

President Joseph Boakai who was sworn in on January 22nd said on Monday that the balance recorded was US$20.5 million, not US$40 million, as former President George Weah had claimed. Liberian media reported Wednesday that the Senate ordered the Central Bank to clarify contradictions between President Boakai and his predecessor. According to reports, the Senate mandated its joint committees on Public Accounts and Audit, Banking, and Currency to invite the leadership of the Central Bank of Liberia. President Boakai, pledging to tackle corruption, said he will audit and make sure that regular audits become the norm in all branches of government, not just the executive.

SOURCE: AFRICA NEWS

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