CBL Complicit in Money Laundering, Terrorist Financing

The Central Bank of Liberia’s failure to regulate the transfer of money in and out of Liberia has made the country a soft ground for money laundering and terrorist financing. A classified report this paper...

US$5.5 Billion Gold Benefiting Crock Officials, Foreigners

    Few criminal minded Liberians officials and their foreign business allies are main beneficiaries of the country’s estimated US$5.5billion gold deposit, a top official in the erstwhile Johnson Sirleaf administration said Wednesday in the capital...

Gov’t. Freezes Money Trade For 24 Hours

As part of the “robust measures” to address Liberia’s current economic malady, especially as it relates to inflation and depreciation of the local currency, the government has ordered a freeze on the local money...

Be Patient!

  President George Weah in a radio broadcast Monday pleaded with Liberians to be calm as he and his economic management team work to curb inflation that has caused increase in the prices of basic...

S/Court to Render Opinion on Tenured Appointments in Gov’t.

  The Supreme Court en banc will now have the opportunity to render an opinion, which will settle the issue of presidential tenured appointments in the wake of the controversies attending President Weah’s replacement of...

Weah, S/Court Seesaw Over Appointment At NLA

Just within 48 hours of a Supreme Court’s decision that declared his appointment to the position of Deputy Director General of the National Lottery Authority (NLA) illegal, President George Weah has named a new...

Ellen Guilty For Skyrocketing Prices, Falling Currency – CDC

  Former President Ellen Johnson Sirleaf’s bad economic policies are responsible for the hyperinflation being experienced in the country, the Chairman of the ruling Coalition for Democratic Change has charged. Mr. Mulbah Morlu said Wednesday during...

New CBL Governor’s Burden

  The foreign exchange market has negatively responded to the appointment of Nathaniel Patray as Executive Governor of the Central Bank of Liberia with the local currency rapidly trading downward at 6.6% in seven days. When...

Government Officials, Businessmen Linked to Banknote Duplication

Some higher-ups in government and politically connected business people are involved in a grand syndicate that is counterfeiting the Liberian banknotes in millions for personal riches, New Democrat understands. For years the practice has been...

Liberian Security Agents Foil Terror Attack On US Embassy

Liberia’s security agencies have arrested several persons in connection to a planned terrorist attack on the United States Embassy in Monrovia. According to official sources the attackers had intended to bomb the embassy on...