‘Freeze Their Assets’

    366

    The physical and financial assets of individuals and institution linked to the alleged embezzlement of millions of United States dollars from the central bank of Liberia should be seized and frozen, a top ruling party lawmaker has advised.

    Montserrado County (District # 8) and Coalition For Democratic Change (CDC) Representative Acarous Gray told state broadcaster ELBC that the theft of public money that occurred at the Central Bank is so egregious to the extent it has destroyed the economy and causing untold suffering across the country.

    It is now time Gray said for people including the opposition community who accused President George Weah of stealing $16billion Liberian dollars and wanted “smart sanctions” against his administration, to join anti corruption voices and call for the assets of CBL officials that have been indicted as culprits behind the missing millions.

    Charles Sirleaf, the Son of Liberia’s ex President Ellen Johnson Sirleaf and four Central Bank officials were Monday charged with seven counts of corruption in connection with the crime and could face up to 10 years in jail if convicted.

    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 Milton Weeks to fraudulent and illegal practices.

    Kroll – the hired firm found 1.9billion or US$ 12million discrepancies on December 10 and December 28, 2017 in currency printed and delivered.

    Montserrado County Grand Jury said in an indictment unsealed Tuesday in Monrovia that between April 2016 and up to August 2018, the five Defendants using their various positions at the CBL conspired to defraud the CBL and the Government of Liberia when without any authority printed excess Liberia dollar banknotes amounting to 2,645,000,000 to infuse into the Liberian market and without authority paid and caused to be paid the amount of US$835,367.72 to Co-Defendant Crane Currency for said amount.

    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.

    – Festus Poquie