The Son of Liberia’s ex President Ellen Johnson Sirleaf and four Central Bank officials were Monday charged with seven counts of corruption in Monrovia.
A United States government sponsored investigation into Liberia missing cash linked Charles Sirleaf – the deputy governor of the Central Bank of Liberia and ex bank governor Miltons Weeks to fraudulent and illegal practices.
Former Governor Milton Weeks, Deputy Governor for Operations, Charles Sirleaf, Dorbor Hagba, Director of Banking, Richard H. Walker and Joseph Dennis are held culpable for an estimated $3billion Liberian dollars printed and concealed for apparent personal gain.
They will be prosecuted based on seven-count corruption charges including criminal conspiracy, economic sabotage, misuse of public Money, property or records, and illegal disbursement and expenditure of Public money.
The men were jailed at the Monrovia Central Prison upon the orders of Monrovia Magisterial City Court Judge Kennedy Peabody until a “valid criminal appearance bond” is filed to secure their release from detention.
Hundreds of locals gathered at the courtyard as the central bankers were paraded in handcuff. The group chanted “rogue, rogue, rogue.. as they were taken to prison while family members were weeping.
The bank officials have spent more than three days in police custody after their Feb. 28 and March 1 arrest following the release of the United States government’s sponsored review of an August, 2018 allegation that about US$100million printed currency had gone missing.
The report found the Central Bank blameworthy for noted discrepancies in the printing, shipment and movement of cash coupled with procurement fraud and unsupported payments.
There has been no formal statement from the accused bankers, lawyers or family.