Ex-Finance Officials Linked to US$300 Million Disappearance  

International effort is underway to trace and retrieve over US$300 million stolen from the Liberian Government by former Finance  Ministry officials and deposited into banks in Lebanon.

According to documents in the possession of GNN-Liberia, revealed that the amounts in question were ordered paid from a special account at the Central Bank of Liberia and deposited into a government consolidated account created by these officials.

The amounts were reportedly issued in separate handwritten checks, ranging from US$98,000.00 to over US$10million.

The Liberia Anti-Corruption Commission (LACC) is said to be aware of the scandal which Linked three top ranking officials of the Ministry of Finance & Development Planning.

It is suspected that these officials were aided by some Lebanese Businessmen in the illegal payment and transferred of the amounts into personal accounts in Beirut, Lebanon.

Documents in possession of this News outlet suggest that the former Finance Ministry officials duped the Liberian Government of millions badly needed for economic recovery.

Investigation continues

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About Cholo Brooks 12974 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.