The Liberian Senate has mandated its committees on ways, means, finance, and banking and currency to probe into the accelerating depreciation of the Liberian dollar against the U.S. dollar currency and the resulting adverse effect on the economy.
GAC Report Indicates Discrepancies With US$25 Million Mop-up Fund
The General Auditing Commission has released its report on the US$25 million used to mop-up excess Liberian dollars on the market. The report shows many discrepancies between what the Central Bank reported and what the investigators found.
GAC Submits Report on US$25M Mop-Up Exercise to Pres. Weah
On Thursday, May 16, the General Auditing Commission submitted a report into the expenditure of the US$25 million to President George Weah, which was intended to mop up excess Liberian dollars from the market.
Weah Commissions Audit of US$25 Million Allotted for Mop Up Exercise
President George Weah has ordered the General Auditing Commission to conduct an investigative audit into how the US$25 million approved to be infused into the economy to mop excess Liberians dollars as a means to stabilize US-Liberian dollars exchange rate was expended.
Charles Gibson Ordered to Ensure Outgoing LACC Chair Complies with Code of Conduct
President George Weah has instructed Charles Gibson to take over as officer-in-charge of the Liberia Anti-Corruption Commission, replacing James Verdier, who ended his tenure over the weekend.
Former Information Minister Becomes Weah’s New Presidential Advisor
President George Weah has appointed former information minister Laurence Bropleh as special envoy and presidential adviser.
US$2.7 Million County Development Projects Abandoned in Margibi
Some citizens in Margibi are outraged about the slow pace at county officials are moving to use the US$2.7 million approved under the County and Social Development Fund in 2011 and 2013 to implement development projects.
OP-ED: John Morlu Can Bring the Generational Change That Liberia Needs
An op-ed that makes the case for why former Auditor General John Morlu should contest the presidency in 2017.