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Politics News

Ellen, Amah Jallah authorized CBL

Former President Ellen Johnson – Sirleaf’s son and Deputy Central Bank of Liberia (CBL) Governor Charles Sirleaf says the CBL received authorization from his mother Mrs. Sirleaf and former Senate Pro-Tempore Armah Jallah for the printing of additional 10.5 billion Liberian dollars.

He testified Monday, 19 November before a Legislative inquiry on Capitol Hill, separate from probes being conducted by U.S. experts and a presidential investigative team in the same alleged missing 16 billion dollars case.

Appearing before the House of Representatives Monday, Deputy Governor Sirleaf revealed that the CBL through its Board of Governors communicated in a resolution to the Former Stakeholders.He says the intent of the printing of the money was to get rid of mutilated money from the market.

According to him, the CBL’s communication was dated May 24, 2017 under the signature of Dr. Mounir Siaplay, Deputy Governor for Economic Policy.

But Mr. Sirleaf says no money went missing, amid report of missing money which has necessitated separate investigations following protest by scores of Liberians.

Sirleaf adds that the money upon arrival was under tight security guard and carried to the two vaults including the Housing Bank and the CBL’s new facility.

The CBL Executive also resists the reports of bribery to any member of the 53rd legislature, saying there was no bribery or criminal intent involved into the printing of the money.

Mr. Sirleaf further says he does not know those lawmakers listed by Hot Pepper newspaper in its recent publication and he did not give money to any of them.For his part, CBL Internal Audit Boss Joseph Dennis confirmed the arrival of the reported 15.5 billion Liberian dollars.

By Bridgett Milton–Edited by Winston W. Parley


The New Dawn is Liberia’s Truly Independent Newspaper Published by the Searchlight Communications Inc. Office is located on The UN Drive in Monrovia Liberia. The New Dawn is a bilingual (both English & French).
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