General News

Breaking News

Central Bank of Liberia prepares papers for Special Investigative Team

Francis Pelenah/Maximilian Kasseh, Jr.
Central Bank Governor Nathaniel Patray
Central Bank Governor Nathaniel Patray

MONROVIA, LIBERIA-The Central of Liberia (CBL) says at no time did it submit any report to the Special Investigative Team set up by President George Weah to investigate trails of money brought into the country by the CBL.

The CBL in a release issued Monday, September 24, 2018, said as of Monday September 24, documents requested by the special investigative team are still being compiled by the Bank.

The CBL said documents still been compiled on request of the Team include audited statements from December 31, 2016 up to present.

It also includes vault cash balances at the CBL and the National Housing and Savings Bank as at January 1, 2018 to present.

The CBL said another key document being processed is Liberia’s Foreign Reserve lodged with Federal Reserve Bank of New York as at January 1, 2018 to present.

The Central Bank said it is fulfilling its responsibilities by working with the Investigative Team in verifying the existence of banknotes ordered and accuracy of reported payments, balances and receipts as recorded in the accounting records of the Bank.

The CBL in a release issued Monday, September 24, 2018, said as of Monday September 24, documents requested by the special investigative team are still being compiled by the Bank.

The CBL said documents still been compiled on request of the Team include audited statements from December 31, 2016 up to present.

It also includes vault cash balances at the CBL and the National Housing and Savings Bank as at January 1, 2018 to present.

The CBL said another key document being processed is Liberia’s Foreign Reserve lodged with Federal Reserve Bank of New York as at January 1, 2018 to present.

The Central Bank said it is fulfilling its responsibilities by working with the Investigative Team in verifying the existence of banknotes ordered and accuracy of reported payments, balances and receipts as recorded in the accounting records of the Bank.

 


Copyright 2012 Mylbsonline.com All Rights Reserved.