The new Central Bank of Liberiaâ€™s executive governor-designate, Aloysius Tarlue, told senators on Thursday, Dec. 5 that he will work to restore public trust in the banking sector in the aftermath of a series of scandals involving the bank.
The Central Bank of Liberiaâ€™s executive governor, Nathaniel Patray, is finally out of the position, nearly five months after President George Weah originally announced his retirement.
Autocrat, dictator, repressive, corrupt, and the list go on. These are a few of the words being used by opponents and others to describe President Weahâ€™s tenure. And, I must say that the president is not doing much to change those descriptions of his short stint as president so far.
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.
The Central Bank of Liberia has reacted to the report submitted by the Presidential Investigation Team on the US$25 million mop-up exercise, which was carried out by the Technical Economic Management Team through the Central Bank.
The Association of Liberian Human Resource Professionals is calling for the withdrawal of a recent communication issued by the Central Bank demanding junior managers and their deputies to work overtime.
The Liberia Senate on its second day sitting of the extraordinary session voted to reject a report on the status of the countryâ€™s economy presented by the Technical Economic Management Team of President George Weah.
The Central Bank of Liberia has concluded, after an internal investigation, that no money went missing â€œas has been erroneously reported in the local media.â€