[bsa_pro_ad_space id=1]

Politics News

Lawmaker seeks updates on ETON, EBOMAF loans

Grand Bassa County district #5 Representative Thomas A. Goshua writes the House of Representatives here, asking that body to invite the Ministers of Public Works, Justice, and Finance respectively to give updates on the performance of the Eton and Ebomaf loan agreements.

He recalls that the Legislature rectified both agreements during the course of last year and forwarded them to the President for signature approval.

Rep. Goshua says the executive has since been expected to give updates relative to the performance of these loans, but it is unfortunate that there has been no further information regarding receipt of those loans being rectified.

The Grand Bassa lawmaker further notes that when loan follows the process of legislative rectification and subsequently receives the signature of the President, it is by all standards a law, binding on the government.

He says interestingly, the Eton and Ebomaf loan agreements followed those processes and have become laws that commit the government to certain terms and conditions, a situation that could cause thegovernment future embarrassments.

Goshua emphasizes that it should claim the attention of plenary on why there is no information regarding the loans’ performance from the executive after a little over one year of rectification by the Legislature.

Therefore, he wants plenary to invite the Ministries of Works, Justice and Finance to respectively appear to give explanations why the government thru the Central Bank of Liberia has not received any cash from the two institutions as were stipulated in those agreements. By Bridgett Milton–Editing by Jonathan Browne

[bsa_pro_ad_space id=1]

[bsa_pro_ad_space id=1] [bsa_pro_ad_space id=2] [bsa_pro_ad_space id=3] [bsa_pro_ad_space id=4] [bsa_pro_ad_space id=5] [bsa_pro_ad_space id=6]
Back to top button