Arguments into the validity of the US$900,000 property valued criminal appearance bond filed by former Central Bank Governor, Milton Weeks could not be held today, as the day marked the official opening of the March term of court.
The 67-page Kroll report reveals a series of significant missteps at just about every point in the process, raises serious concerns about the Central Bank of Liberia’s internal record-keeping. So, let’s take a look at some of Kroll’s findings.
The Liberia National Police have turned over to the Monrovia City Court two defendants in the multiple criminal offense case involving former and current officials of the Central Bank of Liberia.
The Liberia National Police has forwarded to court the former executive governor of the Central Bank of Liberia, Milton Weeks, along with Charles Sirleaf and Dorbor Hagba, the current deputy governor for operations and the director of banking respectively.
The Liberia National Police has confirmed the arrest of the former executive governor of the Central Bank of Liberia, Milton Weeks, along with Deputy Governor Charles Sirleaf, and the director for banking at the Central Bank, Dorbor Hagba.
Deputy Central Bank Governor for Operations, Charles Sirleaf has contradicted revelations by former CBL Executive Governor Milton Weeks that the bank did not get authorization from the legislature to print additional L$10.5 million new banknotes.
Former Central Bank Governor Milton Weeks has admitted before the plenary of the House of Representatives that the printing of the additional L$10.5 billion new banknotes was not authorized by the legislature.
Mulbah Morlu, the chairman of the governing Coalition for Democratic Change, has called on the Presidential Investigation Team set up by President George Weah to probe the alleged disappearance of billions in newly printed banknotes to investigate the opposition Liberty Party.