Man Who Attempted To Rob Liberia Of US$32 Million Arrested

James Larmin Kargbo, 41, the suspect

The Liberia National Police is investigating James Larmin Kargbo, a 41-year-old Sierra Leonean for attempted theft, money laundering, fraud, impersonation, and other offenses.

Moses Carter, the chief for press and public affairs at the Liberia National Police, told a press conference on Friday that Kargbo had arrived in the country and engaged into discussions with government officials to negotiate a grant agreement for road development. He was arrested on Thursday evening following a tip from the Ministry of Finance and Development Planning.

According to the police, the suspect and other accomplices who are yet to be identified, had been masquerading as business people who wanted to provide a grant to the government.

According to the police spokesman, the suspect also earlier told investigators that he had also been awarding grants for road construction to other African countries, including Egypt and Sierra Leone.

“While these conversations were ongoing between the suspect and his cohorts, they managed to criminally get access to the Federal Reserve code of Liberia,” he said.

He said the suspect and his collaborators, under a dubious company named “MEGA Strategic Partner Limited,” also requested US$32 million to be transferred from Liberia’s reserve account and credited to their account.

But he said the transfer request did not go through.

Meanwhile, the suspect has declined to comment on his arrest, as he told The Bush Chicken to wait for the prosecution.

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About Cholo Brooks 13487 Articles
Joel Cholo Brooks is a Liberian journalist who previously worked for several international news outlets including the BBC African Service. He is the CEO of the Global News Network which publishes two local weeklies, The Star and The GNN-Liberia Newspapers. He is a member of the Press Union Of Liberia (PUL) since 1986, and several other international organizations of journalists, and is currently contributing to the South Africa Broadcasting Corporation as Liberia Correspondent.