More Persons to face Arrest Over Money Trail Probe



    Temple of Justice Building photo credit: Nwelt A. Mathies

    More names will be added to 35 individuals that have been placed on traveling ban in connection to their alleged roles in what is being considered the ‘missing billion’ saga, the presidential investigative team probing the importation of money into the country, has said.

    On September 26, the Monrovia Magisterial Court ordered the arrest of 35 persons, including past and current Central Bank of Liberia’s top management team members to be brought before court to answer to criminal charges levelled against them by the Republic of Liberia by and through the Ministry of Justice after they were linked to the alleged disappearance of L$15billions.

    The 35 affected persons are Milton Weeks, Charles Sirleaf, Dorbor Hagba, Richard H. Walker, Adolphus Forkpah, Cyrus Badio, Amie N. Rogers, Michael B. Ogun, James Wilfred, Joseph K. Jallah, Dr. Mounir Siaplay, Supuwood T. Tarpeh, Mussa A. Kamara, Mustapha E. Sherman, Sylvia Tarkpah, Joyce J. Dolo, George Wilson, Miatta Oberly Kuteh, Marica E. Grigsby-Toe, Musulyn RB Jackson, Maaka Amblard, Prince Bull, Solomon Jaykpah, Theodoria B. Jreh, Oldada Deshield Ophelia Nyenpan, Barquolleh Gabriel, Zinnah Davison, Lillie Ballah, Andrew Pabai, Edwina Edet, William Dargbeh, Stephen Nyenma, David M. Wilson, Lawrence Sirleaf.

    “We have a long list of more people that will be added to the not travel list,” Charles J. l Gibson, the head of the investigative panel said at a press conference in Monrovia Thursday.

    “Monday or Tuesday we will be sending a list of people who we believe are not essential to the investigation and they will be given clearance.

    He said investigators are reviewing the authorization for the printing of currency and ordering of banknotes.

    “We are also looking into accountability for Liberian banknotes, foreign currency banknotes, auctions and exchange, and the US$25 million infusions into the economy,” he said.

    President George Weah in July announced a series of measures aimed at remedying the current harsh economic situation fueled by a steep rise in the exchange rate between the Liberian and United States dollars.

    The measures included an infusion by the Central Bank of U$25 million in the economy to mop up the excess liquidity of Liberia dollars and a mandate the bank to provide more effective supervision and regulation of money-exchangers or foreign exchange bureaus.

    Writes P. Nas Mulbah