The new Central Bank of Liberia’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.
Patray Finally Out as Central Bank Executive Governor
The Central Bank of Liberia’s executive governor, Nathaniel Patray, is finally out of the position, nearly five months after President George Weah originally announced his retirement.
OP-ED: President Weah is taking the bait being laid by his critics
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 Weah’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.
Weah Commissions Audit of US$25 Million Allotted for Mop Up Exercise
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.
Central Bank Reacts Defensively to Government’s PIT Report
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.
HR Association Wants Central Bank to Withdraw Controversial Overtime Memo
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.
Senate Rejects Economic Management Team Report, Amends Rules for Impeachment proceeding
The Liberia Senate on its second day sitting of the extraordinary session voted to reject a report on the status of the country’s economy presented by the Technical Economic Management Team of President George Weah.
Central Bank Concludes Internal Investigation: No Money Missing
The Central Bank of Liberia has concluded, after an internal investigation, that no money went missing “as has been erroneously reported in the local media.â€
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