The Liberian Senate has closed its regular session for the second sitting of the 54th legislature.
The Central Bank officials indicted for a range of charges related to the L$16 billion cases are requesting a bench trial, as opposed to a trial by jury.
Supreme Court Justice Yussif Kaba has ordered the release of arrested former Central Bank officials and a resumption of the trial into the alleged missing L$16 billion case.
Former Central Bank officials facing trial for allegedly overprinting new Liberian dollar banknotes have been requested to pay more than L$1.06 billion (US$5.16 million) each for criminal appearance bonds to secure their second release after a new charge was added to their indictment.
State security on Tuesday rearrested Charles Sirleaf, Milton Weeks, and their co-defendants in the overprinting of new Liberian dollar banknotes case.
Judge Peter Gbenewelleh has postponed the trial into the alleged missing L$16 billion to a later date after defendant Milton Weeks failed to show up in court on Monday due to poor health.
On June 7, during a mass citizen protest against rising government inefficiency, economic hardship, public mismanagement, and incompetence, the Government of Liberia said it blocked social media for “national security” reasons. Many, especially the press and civil society organizations, have labeled it as a way of curtailing free speech and muzzling the press.
As the George Weah administration continues to face challenges in stabilizing the economy, the International Monetary Fund has concluded its consultation with the government and provided suggestions on a way forward.