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Finance Minister denies wrongdoing in US$ 25m Mop-up Exercise

Jarp Davies /Maximilian Kasseh, Jr.
Finance and Development Planning Minister Samuel Tweah
Finance and Development Planning Minister Samuel Tweah

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MONROVIA, LIBERIA-Finance and Development Planning Minister, Samuel Tweah, has denied any wrongdoing in the recent 25 million United States Dollars mop-up exercise.

Minister Tweah has also assured Liberians that technical details of institutions that received the money during the mop-up exercise will be disclosed shortly.

A release from the Ministry of Finance issued on March 5, 2019, quotes Minister Tweah as saying that he will never engage into any fraudulent activities against Liberia, adding that anyone found liable will face the full weight of the law.

He indicated that the Technical Economic Management Team acted on the experience of the Central Bank of Liberia to do money business, because the CBL monitors risks in the financial sector.

Minister Tweah’s clarification comes in the wake of two reports presented by the Presidential Investigation Taskforce and Kroll Associates Inc. into allegation of the ‘missing’ sixteen-billion Liberian Dollars and 25 million United States Dollars infused into the Liberian economy.

 


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