Anti-Corruption Agency Blasts Liberian Govt Over It’s Exclusion From Investigation Into Missing Bank Notes

Philadelphia, PA- USA LACC

Liberia’s anti graft agency has criticized the decision of the Government to launch an investigation into allegations of the disappearance of containers and bags of Liberian bank notes without its inclusion.

In a Press Statement issued on Thursday in the capital Monrovia, the country’s Anti- Corruption Commission (LACC), however said, it, “… remains committed to probe the matter in keeping with its mandate under section 5.2a of the an Act establishing the Commission as an independent and autonomous agency of Government clothed with the authority to investigate alleged, perceived, or potential acts of corruption. Section 5.2 b of the LACC Act also gives the Commission the authority to investigate the conduct of ANY person, irrespective of office or status, natural or otherwise, if the conduct of the person(s) constitute corruption, the Press Statement said.

Map of Liberia

On Thursday the Liberian Government announced the setting up of a body which includes local religious, civil and legal society groups to assist with the investigation of the disappearance of containers and bags of Liberian Banknotes of about $16 billon.


The Government also requested the assistance of the US Federal Bureau of Investigation (FBI), the US Treasury Department and the International Monetary Fund )IMF).

There is no confirmation that the request to the US and the IMF has been accepted for consideration.

The country’s Ministry of Information, in a press statement issued Tuesday afternoon in Monrovia says the Government is taking the ongoing investigation seriously because of what it referred to as “national security implications.”

The LACC’s frustration is evident in its statement, since it was clearly sidelined by the Government that is pursuing the investigation of the matter but at the same time contravening the Act establishing its own anti corruption agency.

“ …In order not to confuse ongoing joint efforts conducted by various agencies of Government, the LACC is looking forward to receiving reports and documentary evidence, if any, from the Government’s Investigation to enhance its mandate,” the anti- graft body said.

In order to ensure a transparent investigation, and accountability, the LACC says it will collaborate with other entities and is in the process of seeking external funding.

In a separate matter, the Speaker of Liberia’s House of Representatives Mr. Bhofal Chambers says the legislative body will convene in a special session in the coming days to act on pertinent national issues which have attracted its attention.

House Speaker Bhofal Chambers

In a Press Statement issued on Thursday, Speaker Chambers said “… Among other issues for reconvening the Special Legislative Session are the legislations for needed pieces of law which are bordered on pressing national challenges.”

The Justice Ministry’s response to the ongoing investigation into the disappearance of the $16 billion Liberian bank notes will also be discussed, the House Speaker said

Liberian lawmakers are on their annual agriculture break but will be returning to the Capitol Building to discuss the issue.

By Emmanuel Abalo

West African Journal Magazine

Published by

West African Journal Magazine

The West African Journal was a major magazine publication in the United States with a focus on the Mano River region and West Africa sub-region during the civil crises in Liberia and neighboring countries during the decades of the 1990s. This was the period when many citizens and others in the sub-region were fleeing their homeland due to conflicts, and the magazine was a reliable source of information covering developments in the region and in the Diaspora.  However, the magazine suspended publication several years ago but is now back. It is, therefore, delightful that The West African Journal has been reactivated. The print edition of the magazine, to be published monthly and distributed in the United States, West Africa, and other parts of the world, will provide analysis of the major events of the period under review. Due to challenges relating to availability of reading materials in the sub-region, a few hundred copies of every edition of the magazine will be distributed free of charge to libraries and reading rooms at schools and institutions of higher learning in the sub-West Africa sub-region. The Journal covers government/politics, economics/international trade/investment and partnerships, women's issues, showcase of tourism and historic attractions in West Africa in particular, and Africa in general, as well as cover the Diaspora, entrepreneurship, among others. The Journal also taps into growing interest in the Unites States regarding resource-rich Africa as the next frontier for global economic progress amid an increasing global competition for access to the continent’s abundant natural resources. The magazine will regularly cover bilateral and multilateral partnerships between the US/multinational agencies and Africa/individual African countries. More importantly, in considering the danger of Climate Change and Global Warming, The Journal serves as a strong and unrelenting advocate to create international awareness regarding Climate Change, especially how West African countries and the African Continent as a whole are being negatively impacted. Through its environmental coverage, The Journal promotes education and awareness for people to be empowered. Our experienced team of editors, reporters and feature writers are excited to bring the stories that impact politics, finance, economy, arts, health, education, climate change, women and youth issues in Africa today. Contact The West African Journal is registered and published in Washington, D.C., U.S.A. Plans are underway to open a bureau office in Liberia, from which operations in other West African countries will be coordinated. Our journalists, who bring decades of high engagement of news and reportage, include former BBC veteran correspondent Isaac D.E. Bantu, former Daily Observer Features Editor and publisher of the West African Journal Joe S. Kappia, and Pana Press Editor Tepitapia K. Sannah, and respected Photo journalist and editor Gregory Stemn. These experienced and internationally-respected journalists ensure a high standard of professional journalism. Information and inquiries for The West African Journal should be directed to the following: Editor-in-Chief; Email: Isaac D.E. Bantu: Publishing Partner; Email: Mailing Address: P.O. Box 55053, Washington, D.C. 20040-5053 USA Thank you. Managing Editor