Liberian Presidential Adviser Threatens Weah Critics

Monrovia, Liberia – March 25, 2019: An Ivorian national in the orbit of Liberian President George M. Weah is threatening a talk show host and Liberian opposition member and good governance advocate on social media.

Ousman Bamba’s Facebook Posts

In a Facebook post seen by West African Journal Magazine over the weekend, Ivorian businessman, politician and Liberian Presidential advisor Ousmane Bamba wrote the following in French under a video presentation of Darius a Dillon: “Henry Costa et touts des petit garçons. Cos n’etespas use menace pour le President du Liberia.”

Radio Talkshow Host Henry Costa

English Translation: “Henry Costa and all the little boys. Your days are numbered. You are not a threat to the a President of Liberia.”

In a second post under the same name of the poster which was automatically translated into English, Ousmane Bamba writes, “You should be grateful to have King George Weah at the position of a President, instead of being hateful. as Ivorian, I wish a George to be president of cite d’Ivoire.”

Second Facebook Post of Ousmane Bamba

Mr. Bamba’s threatening posts have drawn wide condemnation among some Liberians across social media platforms.

Who Is Ousmane Bamba?

Facebook Profile of Ousmane Bamba

In his social media profile, Bamba says he works for the Government of Liberia, lives in Monrovia and is from Abidjan,Cote d’Ivoire He does not indicate what portfolio he occupies as an employee of the Liberian Government but has photos of himself: in a suit and the national colors Côte d’Ivoire and one dressed in white traditional outfit and cap and seated on the left next to President George M. Weah.

Ousmane Bamba

West African Journal Magazine has been looking into the Ivorian businessman’s past in his native Côte d’Ivoire.

In 2016, Ousmane Bamba, a member of the ruling Rally of the Republicans (RDR) political party of President Alassane Dramane Ouattara, tried to challenge the establishment when he contested a legislative seat as an independent to represent Lomokankro, Molonou, Tiébissou and Yakpabo-Sakasou political districts.

He is a former Mayor of Tiebissou and a party Secretary of that area but was suspended after he made his independent bid for the Ivorian Legislature in a December, 2016.

His known desire to settle some past political and economic scores against “perceived enemies” in the ruling establishment sank his chances to become a legislator.

Ivorian President Alassane Ouattarra

It is a known fact that President Ouattara is a “close friend” of former Liberian President Ellen Johnson Sirleaf who had been indicted in the Final Report of Liberia’s Truth and Reconciliation Commission (TRC) and was at risk of potential prosecution if Weah came to power.

Former Liberian President Ellen Johnson Sirleaf

So any known associates of Weah, including Bamba, were not not seen in a favorable light by Ouattara who did not want anyone to “trouble” his friend Ellen.

In January, 2017, Bamba was jailed at the Abidjan House of Arrest and Correction (MACA) and faced prosecution on charges of the misuse of social goods, forgery and use of false in private writing of trade and banking. The case related to $9 billion French Francs, an equivalent of about $17.2 million USD in a company known as I-Com Technology that Bamba and his business partner René Yédiéti were involved with. The company provided computer accessories services to the Ivorian Legislature.

Ousmane Bamba Seated Next To President George M. Weah – File Photo

But he was released from incarceration in March, 2017- just in time for him to transition to Liberia to play a critical role in the Weah Presidential Campaign for the elections which swept the President a Weah to power.

The prominent businessman from the town of Tiebissou in central Côte d’Ivoire, handled the finances (bagman) of the Weah campaign.

Ousmane Bamba And President George M. Weah – File Photo

Bamba, as Weah’s campaign Treasurer, was instrumental in making connections with his French business partners and important “friends” in the sub-region to attract much needed campaign funding and face-time with Weah.

Candidate Weah Visiting President Faure Gnassingbe in Togo – File Photo

During the campaign, the connections paid off and Weah visited the Presidents of Togo, Ghana, Niger, Mali and Gabon to be seen as burnishing his international credentials.

He was reluctantly received by Ouattara in Abidjan and although their meeting was cordial and diplomatic, it was was mechanical and not substantive. Ouattara was keen on extracting commitments from Weah that he protect former President Johnson Sirleaf.

The fraud case involving Bamba and his business partner was resolved two years later in January, 2019 when a magistrate ruled that he was not culpable in the matter.

Pres. Weah And Ousmane Bemba File Photo

Sources in Weah’s orbit say he is very loyal to those who helped propel him to power including Bamba. At the inauguration of the new Mosque in Tiebissou sponsored y President Weah in the hometown of Bamba, on a July 6, 2018, Bamba accompanied him.

Pres Weah And Adviser Bamba – File Photo

Bamba always features prominently in photo ops with President Weah at various occasions locally and internationally including his visits to France, Senegal and Israel and is seen as firmly entrenched as an influential member of President Weah’s inner circle.

Ousmane Bamba In File Photos With President Weah

French President Emmanuel Macron And Ousmane Bamba – File Photo

Dillon and Costa have not officially responded to Bamba’s threat against them.

By Emmanuel Abalo

West African Journal Magazine

Liberia Cancels $80K Lobbying Contract With US Based Firm; Owes Firm Owner

New York, New York USA – March 14, 2019: A lobbying and public relations agreement with a New York based government and public relations firm in the United States has been unilaterally cancelled by the Government of Liberia.

The Friedlander Group Logo
The Friedlander Group Logo

In an interview on Thursday with West African Journal Magazine, Mr. Ezra Friedlander, the Chief Executive Officer (CEO) and founder of the Friedlander Group, disclosed that he no longer represents the Liberian Government and that his representation ended in the first quarter of 2018.

According to Mr. Friedlander, he was informed by former Liberian U.S. Ambassador Lois Brutus that the Government of Liberia was no longer interested. An agreement between the Liberian Government and the Friedlander Group was signed on February 5, 2018.

The agreement stipulated that the “ Friedlander Group will organize the establishment of the Friends of Liberia Congressional Caucus that would act as the “voice” of the nation of Liberia in coordination with the Embassy of Liberia to provide, translate and highlight the Pro-Poor Agenda of the Government of Liberia.”

Part of the effort of the lobbying agreement stated, “ It is discussed and agreed that the Caucus Chairs will extend an invitation to by the Caucus as well as facilitate an official White House invitation to President George M. Weah to visit Washington on a State, official or working visit by mid-year 2018…”

Friedlander CEO Ezra Friedlander and Former US Presidential Candidate Hillary Clinton - File PhotoThe CEO of the Friedlander Group said his organization had begun lobbying work and even established a bi-partisan group of Congressional Caucus known as “Friends of Liberia” and that a date, hall and time of the announcement of the launch was scheduled to be made in Washington DC when he received word from the Liberian Embassy to halt everything. Mr. Friedlander said it was explained to him that the decision of the Liberian Government to halt the official launch of the Caucus was due to “technical issues” such as inability of members of the Liberian Senate to attend due to visa issues in Liberia.

Influential bi-partisan members of the U.S. Congressional Caucus would have organized meetings with their Liberian counterparts, as part of the lobbying efforts which were to be undertaken by the Friedlander Group, the agreement said.

He said he was only paid $20,000 out of the $80,000 agreed payment and the Government of Liberia has refused to pay the balance after abrogating the contract. Mr. Friedlander said he decided not to pursue legal suit against the Liberian Government because of his deep admiration for the people and country.

According to the CEO of the Friedlander Group, during negotiations for the lobbying contract, former Ambassador Brutus explained that Liberia was not an affluent country and needed help on the contract fee and the two parties settled on a fee of $80,000 for the duration of the contract which was for a year and half of lobbying work beginning in 2018.

He dismissed any assertion that the contract was worth millions of dollars.

Mr. Friedlander said his firm would have engaged the U.S. Government on the Deferred Enforced Departure (DED)expiration which thousands of Liberians are current facing come March 31, 2019. His firm was prepared to make the case to Congressional Caucus members to assist Liberia as part of its “moral obligation”, given the historical ties that both the U.S. and Liberia share.

He said it was his hope that the GOL would re-consider its decision to abrogate the public relations and lobbying contract and re-engage with his firm in-order to begin the process of helping Liberia reach out to influential members of Congress. According to Mr. Friedlander, this was a “missed” opportunity for Liberia.

Ezra Friedlander Meeting Egyptian President Abdel Fattah Al-Sisi.pngLieThe Friedlander Group represents over a dozen profit and non for profit entities in the legislative, world, city, state and federal levels. The firm recently met in Cairo with Egyptian President and current Chairman of the African Union Abdel Fattah Al-Sisi.

According to the Open Secrets.org website, The Friedlander Group in 2018 raked in $71,800 with the highest income from Liberia for $40,000. Documents in the possession of West African Journal Magazine show that the Government of Liberia spent $10.29 million in 2017 and $4.5 million in 2018 on Lobbying efforts in the U.S. but it is unclear what the tangible returns were for the poor West African country for payments of such amounts.

The lack of strategic inroad in the Trump Administration  explains why Liberians have been questioning the “delay” in President Weah’s official visit to the United States since his inauguration in January, 2018. Liberians and supporters of the CDC led government view such a visit as one visible signal of support for the Weah Administration.

The Friendlander Group Documentation
The Friendlander Group Documentation

There were several hints of pending official visit of the Liberian President to the White House last year which ultimately did not materialize and it is unclear when such a visit would occur and under what conditions.

Economic and scandalous financial challenges are now dogging the Weah Administration which is struggling to attract much needed international assistance and investors.

 By Emmanuel Abalo

West African Journal Magazine

Liberia: New Dubai Billionaire Investor Has “Controversial Past” In Ghana

Dubai and Monrovia – March 13, 2019: A would-be investor from Dubai, the United Arab Emirates who is reported by the Government controlled Liberia News Agency (LINA)  on Tuesday, March 12, 2019 to have entered into a Memorandum of Understanding investment agreement with Liberia in the areas of “energy, mining, infrastructures and other crucial sectors” is linked to a report of controversial dealings involving then former Ghanaian President John Mahama.

Sheik Ahmed Dalmook Al Maktoum of Ameri Group LLC

In an investigation conducted by the West African Journal Magazine into the business dealings, it was uncovered that a Norwegian newspaper Verdens Gang( VG) reported in November, 2017 that former Ghanaian President John Mahama, in July, 2017, traveled to the southwestern African nation of Namibia to meet representatives of Sheik Maktoum. 

Former Ghana President John Mahama

The paper reported that, “John Mahama brought the two men representing the sheikh to Namibia – seeking to clinch possible energy deals with yet another African nation: Namibia.

This July, Mahama travelled to the Namibian capital, Windhoek, with employees of the “private office” of Sheikh Ahmed Bin Dalmouk al Maktoum of Dubai, United Arab Emirates.

This company now owns the Ameri Group, also known as the Africa Middle East Resources Investment Group LLC.

According to Namibian officials, Mahama claimed he was in Windhoek as an advocate for the African Development Bank.

At a news conference after Mahama’s meeting with Namibian President Hage Geingob, the former Ghanaian leader appeared with two men professionally based in Dubai.

Until now, it has not been officially known who these men were.

But VG can now reveal their identities:

One was Ameri Group CEO Maher Al Alili, who is also CEO of the sheikh’s private office.

Prior Reporting By Verdens Gangs Newspaper

The other was Mustafa Ahmed, who left behind a business card in Namibia embossed with the logo of the sheikh’s office.

…Not until Mahama’s delegation arrived in Namibia were his mysterious companions presented to the Namibian government, according to Aocham:

– The two gentlemen were introduced by Mr John Mahama (as working for) The Private Office of Sheikh Ahmed Bin Dalmook al Maktoum. They were introduced as Mr Mustafa Ahmed and Mr Maher Al Alili. The names of the two gentlemen or the name of the company were not mentioned in the letter from former President Mahama.

– Among his delegation were these two gentlemen, as well as the former ambassador of Ghana to Namibia, Alhaji A. R. Haruna, Aocham adds, then continues:

– Mahama informed President Geingob that he was in Namibia in his capacity as an AfDB (African Development Bank) advocate for African energy self-sufficiency, and brought UAE representatives to Namibia after they identified the country as one of the most attractive destinations for electricity infrastructure investments.

Since July there has been no further contact between the parties.

One of the men, Mustafa Ahmed, denies to VG that he had a role in the Namibia visit.

– I do not work for his highnesses private office,” he says.

– So what happened in Namibia?

– I advise several groups, not just them, he replies.

– Nothing happened in Namibia, so if you want to make a big story, that’s up to you.

– But the sheikh’s logo and your number appear on the same business card. How do you explain that?

– I don’t know what you are talking about. I have nothing to hide. I know him. I have advised him and advise him, but I do not work for him. I do not have an official position with him, insists Ahmed.

A few days later, the company’s CEO, Maher Al Alili, contacted VG and threatened a lawsuit. In 2015 the company had threatened to sue VG for USD 150 million for its reporting on the controversial electrical power deal between Ghana and Ameri Group.

The company said VG had published false claims about Umar Farooq Zahoor, the man who signed the Ameri agreement and is still wanted internationally.

– Who gave you the right to write about Umar? asks Al Alili, the CEO of Ameri Group, by telephone from Dubai.

– If there is anything wrong with the story we have the option of suing you, he says.

– The company does not want to be open with information or grant interviews with the media.

Al Alili nevertheless confirms that he was in Namibia working for the sheikh’s office.

He refuses to comment on Mahama’s ties to the Dubai company.

– You’ll have to ask Mahama about that, says Al Alili.

For seven weeks VG has tried to make direct contact with Ghana’s former president in order to obtain comment.

His special advisor, the lawyer Joyce Bawah-Motare, confirms that Mahama has received VG’s inquiry.

– Of course. Mr Mahama sees any request that arrives. I am telling you he is not available, and that I will get back to you if he becomes available, the special advisor told VG in mid-October.

VG’s many queries have not been well received by the ex-president’s inner circle.

– He has no obligation to give you an interview. You can’t force Mr Mahama to talk to you. Can you force the King of Norway to give you an interview?

The Ameri Group has repeatedly denied that Umar Farooq Zahoor, the man who signed the controversial energy agreement with Ghana in 2015, is a wanted internationally by law enforcement authorities.

That is not the case.

He is still wanted by the police internationally, Norwegian district attorney Carl Graff Hartmann, confirms to VG.

– We have received a response from the United Arab Emirates stating they will not grant our request for the extradition of Umar Farooq Zahoor, he continues.

That means the UAE refuses to turn over the internationally wanted man, who has a Pakistani passport, to Norway.

Zahoor himself has claimed he no longer works for Ameri Group, though VG has disclosed that he still plays a key role in the sheikh’s private office, which owns Ameri Group.

This was also confirmed by a PR officer at the sheikh’s office.

– Yes, he is working there, said Ahmed al Baloushi to VG.

In September, Zahoor travelled to Pakistan with Sheikh Ahmed Bin Dalmouk al Maktoum and CEO Maher Al Alili to further discuss yet another Ameri-related deal with Pakistani company FWO.

 Zahoor has declined to comment on his professional affairs in Dubai.

– He sees no reason to comment on his working relationships or assignments to a Norwegian newspaper, and it is beyond my mandate as a Norwegian defence lawyer to express an opinion about this,” his Norwegian lawyer, John Christian Elden, writes in email to VG on Zahoor’s behalf.

Zahoor also points out that the Ameri-deal is still ongoing in Ghana.”

The African Development (ADB) at the time denied that former President Mahama was representing them in Namibia, according to the Norwegian newspaper. 

As part of the former Ghanaian President’s engagement with associates of Sheik Maktoum, the Norwegian newspaper Verdens Gang (VG) also reported in August, 2016 that former Ghanaian Power Minister Kwabena Donkor signed a $510 million dollar deal with one Umar Farooq Zahoor, a Pakistani Norwegian individual from Oslo who the paper alleged “was wanted by Norwegian and Swiss police for spectacular acts of fraud committed the last ten years…”

Former Ghana Power Minister Kwabena Donkor

The paper reported that when it showed a photo of Mr. Zahoor to the Ghanian Power Ministry official, he responded, “I know him; he is the Chief executive of Ameri Group”.

In a press statement issued later the Ghanaian news website Citifmonline reported that, “UAE-based Ameri Group LLC, has rejected claims that its former CEO, Umar Farooq Zahoor, is a criminal who is on the wanted list of Interpol for financial crimes in Norway and Switzerland.”

A statement signed by His Royal Highness, quoted Sheikh Ahmed Bin Dalmook Juma Al Maktoum, Chairman of the Emirati Company and a member of the ruling family of UAE, as saying Umar Farooq Zahoor,  “is not the same person who signed as witness in the Ghana and Ameri power deal.“

The Norwegian newspaper Verdens Gang alleged further that Umar Farooq Zahoor is a well-known name among investigators at the Financial Crime Section of the Oslo Police District.

Citifmonline website reported that, “The deal brought ten turbines to Ghana to generate electricity in order to mitigate the power challenges in the country.

However, the Newspaper suggested a possible inflation of the cost of the turbines by more than 200 million dollars, adding that Ghana is paying $510 million for ten power turbines when the market value of the turbines is $220 million”

But the statement from the Ameri Group said Mr. Umar Farooq served as CEO of the company until lst August 2015, but was never a shareholder or a partner of the company, adding that “Mr. Farooq resigned as CEO in order to pursue other bigger business opportunities. Mr. Ziad Barakat was appointed as CEO of the company and is working in this position to date.”

“The tabloid article targets Mr. Umar Farooq, only wrongly portraying him as the owner of the company, but also tries to malign his character. Moreover, it states that Mr. Farooq attempted to swindle the Government of Ghana through this transaction by inflating the price of the contract. A ridiculous claim since the contract was agreed upon by the Ministry of Power and thereafter, ratified by the Ghana Parliament with full pricing transparency.”

“Another falsehood is that Mr. Farooq, on his own caused the transaction to occur. It is a matter of record that the sole owner of the above mentioned company is His Royal Highness Sheikh Ahmed Bin Dalmook Juma Al Maktoum, member of the ruling family of Dubai UAE” the statement added.

Research Documents Compiled

The Ameri Group  company of Sheik Maktoum was apparently angered by the reporting of the Norwegian newspaper and had threatened legal action. 

LINA reports that, “…The agreement covers foreign direct investment in Liberia and further enhances the bilateral relationship between both countries.

During the International Defense Exhibition Conference last month, the Crown Prince of Abu Dhabi, Sheik Mohammed Bin Zayed al Nahyan, said President George M. Weah holds a “special place in the hearts of my compatriots,” while also expressing his country’s interest to explore investment opportunities here…”

President George M. Weah

The Weah Administration is under serious pressure to halt the deteriorating economy and attract foreign investors who can generate much needed hard currency and jobs for Liberians. 

However, attempts to attract investors have been dismal and two major loans from non-traditional lenders ETON and EBOMAF have failed to materialize. 

West African Journal Magazine has not linked Sheik Maktoum to any illegal activity and can report that the allegations contained in the Norwegian Newspaper Verdens Gang  against Sheik Maktoum have been denied.

The UAE Billionaire has termed reporting of The Norwegian newspaper as “unfortunate”. 

With the heightened focus on dealings of the Liberian government by ordinary citizens, and the controversial business history of Sheik Maktoum, from the reporting of the Norwegian newspaper, any formal business deal with the Liberian Government will be heavily scrutinized for probity. 

By Our Investigators In Dubai and Monrovia

West African Journal Magazine

How Liberia Lost Out As A Host Country For US Africa Command HQ

Liberia squandered a valuable opportunity in 2007 to host the headquarters of the U. S. Department of Defense (DOD) Africa Command known as AFRICOM.

AFRICOM

AFRICOM which is based in Stuggart, Germany says it maintains partnerships with African nations to strengthen security forces, counter transnational threats and respond to crisis in an effort to advance the interests of the United States.

It is one of six Geographic Combatant Commands that the U. S. maintains globally.

According to AFRICOM, “Along with regional partners, U.S. Africa command conducts military operations to disrupt, degrade and neutralize violent extremist organizations that present a transnational threat.

Operations set conditions for continued partnering to help African partner nations build the capacity they need to secure the region.”

According to the document seen by West African Journal Magazine, Liberian Legislative Committees lawmakers – Representatives and Senators, who were briefed by US Embassy officials at the time on AFRICOM “…expressed overwhelming support for the initiative and reiterated President Sirleaf’s request that Liberia be chosen as the new site of the headquarters…”

At the time, AFRICOM was actively seeking a continental base in Africa and the West African country expressed interest in being a host country.

Liberia -Some Strategic Characteristics

Geographically, Liberia is accessible through its southern coast via the Atlantic Ocean. It has a relatively young civilian population whose capacity can be trained to function in support roles. Liberia and Liberians have and maintain a “positive view” of the United States due to a very long period of mutual co-existence and collaboration in diplomacy, government, education, culture and economic matters.

Map of Liberia, West Africa

Additionally, it is in the strategic interest of the US to ensure the maintenance of a stable Liberia and the subregion.

In their enthusiasm, Liberian lawmakers at the time asked the U. S. diplomatic mission near Monrovia to assist them to, “counter arguments against AFRICOM and two legislators who also hold seats in the ECOWAS and Pan-African Parliaments agreed to lobby their African counterparts on behalf of AFRICOM.”

The US Embassy in Monrovia further briefed and educated the relevant Liberian lawmakers on the history, structure and function of AFRICOM and provided assurances to dispel the misconception that AFRICOM would “take over USAID”.

Richard Saah Gbollie

According to the documents, former Margibi County Representative Richard Saah Gbollie told U.S. Embassy officials that the Liberian Senate would ultimately be the ones to approve any agreement to host the AFRICOM headquarters and requested that some lawmakers travel to the US for further discussions on the issue with U. S. Congressional Armed Services And Foreign Relations Committees in Washington DC.

But US Embassy officials who saw the request as an attempt to get a “free trip” to the US discouraged the idea.

Senator Prince Y. Johnson

Senator Prince Y. Johnson, who is a member of the National Security Committee in the Liberian Senate told U. S. Embassy officials at the meeting that ECOWAS Parliament members, at their recent meeting, were concerned that hosting an AFRICOM Headquarters would make Liberia a terrorists target. Senator Johnson said he countered to his colleagues at the ECOWAS Parliament that “…AFRICOM’s fundamental role is to bring stability to the continent and ultimately help Africa fight global threats itself. The security brought by AFRICOM would help foster development… (C) Senator Johnson said the Liberian Special Security Services had been advising President Sirleaf not to offer to host AFRICOM because of an increased terrorist threat, but that they were the only GOL agency that felt that way.

Johnson said he would be willing to introduce a bill in the Senate to support AFRICOM because of the stability it could bring to all of Africa. He and the other Senators present agreed that they would introduce a formal resolution echoing

President Sirleaf’s offer for Liberia to host AFRICOM when the legislature reopens in January.”

Another former Liberian lawmaker and Pan African Parliament member Representative Eugene F. Kparkar of Lofa County in the briefing disclosed thatat their last Pan-African meeting, a colleague from Botswana called AFRICOM “anti-African Union measure” and “U.S. neo-colonialism.”

Representative Kparkar reportedly said he rebutted the position of the Botswana Representative and instead advocated for hosting AFRICOM on the African continent but asked that the U.S. undertake advocacy with other African countries.

Representative Rufus Gbeoir, a lawmaker from the Administrative District of Grand Gedeh County, who was the Chairman of the House Committee on Defense at the time, suggested a visit to AFRICOM’s headquarter in Stuggart, Germany “…to personally vouch for what AFRICOM is and is not and would have a better understanding of its mission.”

Former Liberian President Ellen Johnson Sirleaf

The confidential US document seen by West African Journal Magazine, and which is now in the public domain, revealed that although there was huge support, especially among lawmakers at the time, for hosting AFRICOM’s headquarters in Liberia at the time, they had to table the effort because of a tug-of-war between the Executive and Legislative branches of the Liberian government.

The U.S. Embassy, through its Ambassador in Monrovia at the time, sent a cable to the State Department in Washington DC and summarized that, “While we cannot get in the middle of this tug-of-war with the two branches, we need to recognize the complicated nature of the relationship of all these actors with checkered and sometimes violent pasts, and do our best to ensure that all parties feel part of the process. Whether or not an AFRICOM presence comes to Liberia, the legislators remain an excellent resource for us in the public relations effort on AFRICOM, both in Liberia and all over the African continent through the Pan-African Parliament and ECOWAS. They are eager and willing to help. It is in our interest to keep them involved.”

The U. S. Embassy cable which included a mention of Liberian lawmakers with violent past include former warlord turned Senator Prince Johnson of the former rebel Independent National Patriotic Front of Liberia (INPFL), former lawmaker Richard Saah Gbollie, a military police commander of the Taylor led rebel National Patriotic Front (NPFL).

Capitol Building in Monrovia

It is unclear if the Government of Liberia made further serious overtures to the U. S. Administration afterwards, given the enormous benefits of hosting a strategic ally.

AFRICOM’s Headquarters did not make it to Liberia nor Africa and remains in Stuggart, Germany where it coordinates Education and Training, Threat Assessments, Pandemic Response, Deployment Assistance, Military Partnership and Foreign Military Sales, etc. for the 53 countries in Africa.

By Emmanuel Abalo

West African Journal Magazine

Liberia’s Offshore Accounts May Be At Risk Of Potential Compromise

The West African Journal Magazine is in possession of a document entitled Central Bank of Liberia (CBL) Offshore Accounts Funds Transfer Details which was easily found on a Miinistry of Finance  Revenue page.

Seal of Liberia
Seal of Liberia

The highly sensitive document details the Government of Liberia account information for the Federal Reserve Bank of New York and account details for Credit Suisse Bank in Zurich Switzerland. Details include routing numbers from each account and Swift Codes.

A Swift Code is an international bank code that identifies particular banks all over the work and it is also known as a Bank Identifier Code (BIC).Usually a Swift Code has 8 or 11 characters. West African Journal can confirm the following:

The GOL Swift Code for its Federal Reserve Bank of New York Account consists of 8 characters while that of its account at Credit Suisse consist of 11.

Federal Reserve Bank of New York
Federal Reserve Bank of New York

The Federal Reserve Bank of New York which, according to its website says, “As part of our core mission, we supervise and regulate financial institutions in the Second District. Our primary objective is to maintain a safe and competitive U.S. and global banking system…”

Building of Credit Suisse Bank
Building of Credit Suisse Bank

Credit Suisse based in Zurich, notes on its website that, “Our strategy is to be a leading wealth manager, with strong investment banking capabilities. We seek to follow a balanced approach to wealth management, aiming to capitalize on both the large pool of wealth within mature markets as well as the significant growth in wealth in Asia Pacific and other emerging markets. Founded in 1856, we today have a global reach with operations in about 50 countries and 46,840 employees from over 170 different nations.”

GOL Offshore Accounts
GOL Offshore Accounts

West African Journal Magazine cannot independently verify the offshore accounts document in its possession and has redacted identifiable information as a precaution and to protect the accounts of the Government of Liberia.

But a U.S. based Liberian financial expert with background and knowledge in and of the U.S. Banking and Financial sectors, who reviewed the off shore accounts document, termed them as “legitimate”.

It is unclear if the Government of Liberia through the Central Bank is aware of the exposure of this sensitive information and whether the information contained in its accounts are still valid.

POTENTIAL RISKS TO LIBERIA

Hacking: The exposure and access of the GOL Offshore accounts information are at risk of hacking by shady individuals and institutions who can then drain the entire account of the Government.

Default: The Government of Liberia is at risk of defaulting on payments  its local and international obligations, if its accounts are compromised.

Terrorism: Terrorists seeking access to funds for facilitate their operations could utilize Government of Liberia compromised accounts to wreak death and destruction against Liberians and allies,  including the United States and European countries.

Credit Risk: Liberia could face years of international credit denial and access to conventional loan facilities due to its poor banking systems and management.

Reputational Damage: Liberia’s image could be further tainted as a risk to the international banking and financial management systems to which Liberia’s banking systems are connected.

Mega Financial Loss: Liberia may lose its entire critical offshore revenue from its compromised accounts.

According to another financial expert whom West African Journal Magazine contacted to review the document, the GOL through the Central Bank is now under obligation to adopt sound practices to address the following areas which pose significant risks to the country’s financial systems and management regime.

  1. Establishment of an internationally acceptable an appropriate credit risk environment;
  2. CBL operating under an internationally acceptable sound credit granting regime;
  3. Installation of a new, credible and untainted Finance and Bank Management administration to begin develop international confidence and good will for Liberia and d
  4. Maintenance of the requisite credit administration, evaluation and strict monitoring process to ensure adequate controls at the Central Bank
Finance and Planning Minister Samuel Tweah
Finance and Planning Minister Samuel Tweah

It can be recalled that last December, a fraudster from Sierra Leone attempted to transfer millions of dollars out of the account of the Government of Liberia because he was able to trick the country’s Finance Minister Samuel Tweah into disclosing Government’s swift code and account information.

It is unclear how many senior government officials have system access, security, authority and clearance to Government’s Swift Code and Account information to avoid the potential for theft of Government’s offshore accounts.

Central Bank of Liberia Governor Nathaniel Patray
Central Bank of Liberia Governor Nathaniel Patray

The reputation of the CBL is in tatters following a series of damning scandals including the “missing billions”, the publication of incorrect financial information on its website and the arrest, detention and pending prosecution of some former and current officials for the roles in the “overprinting of banknotes” and the inability of the bank to account for missing monies.

The Kroll forensic audit indicted the CBL for having poor financial and record keeping systems.

Widespread corruption and lack of proper financial defense mechanisms have plagued the impoverished country Liberia for decades.

A second investigation has been ordered by the Liberian President into the “mop-up” exercise during which the country’s Finance Minister Samuel Tweah admitted that about $25 million USD was infused in the Liberian economy using untraceable and un-registered local money changers.

 

By Our Economic Correspondent in Monrovia

West African Journal Magazine

Movement For Justice In Liberia To Hold “War Crimes Tribunal March” In Washington DC March 21st

In the wake of ongoing poor governance and lack of accountability and the pervasive culture of impunity in Liberia, diaspora Liberians, supporters and friends of Liberia, under the organizing umbrella of the Movement for Justice in Liberia have obtained approval for a Demonstration and March at the Capitol in Washington DC.

March Approval
March Approval

An approved copy which was sent to West African Journal Magazine shows that the application was made by the Movement for Justice In Liberia (MOJL) to the United States Capitol Police Board for the purpose of, “gathering to support House Resolution 1055 (H.R. 1055) which calls for the establishment of a war crimes Tribunal and strong diplomatic ties with Liberia for Better Governance culture in Liberia.”

Marchers and those demonstrating are authorized to carry hand held signs, placards, banners and a portable sound system during their event on Thursday, Marc 21, 2019 in Washington DC at Union Square at the foot of the Capitol Building, the seat of the US Congress.

In an interview on Thursday, a representative of the Movement for Justice in Liberia Mr. Ansony Sieh said the organization was formally launched last year following their participation in a protest march during the visit of the Liberian President George M. Weah at the UN General Assembly.

Ansony Sieh of MOJL
Ansony Sieh of MOJL

The group says it has been actively advocating for establishment of a war crimes tribunal in Liberia and promotion of good governance in the West African country and has written letters the UN, ECOWAS, AU, the US Congress and foreign diplomatic missions in Liberia.

The Movement for Justice in Liberia has also issued statements on national issues including the “billion dollar” financial scandal in Liberia and will continue its advocacy, Mr. Sieh emphasized.

The U.S. House of Representatives on Tuesday, November 13, 2018 passed Resolution 1055 “to reaffirm strong U.S.-Liberia ties and call for full implementation of the Truth and Reconciliation Commission’s Recommendations.

Liberia’s Truth and Reconciliation Commission (TRC) completed its work and submitted a Final Report to the Ellen Johnson-Sirleaf Administration in 2009. However, the Government of Liberia has failed to take the necessary steps for implementation of recommendations, in spite of local and international urgings to address gross human rights abuses and economic crimes committed by major actors; some of whom serve in high positions in the current Liberian government.

The UN, Germany, the United States, European Union and local non-governmental organizations have made private and public representations to the current George M. Weah Administration on the matter but without success so far. The Weah Administration has made no formal commitment to pursue the establishment of a war crimes tribunal.

TRC Head Cllr Jerome Verdier
TRC Head Cllr Jerome Verdier

Liberian diaspora civic groups and individuals and international human rights organizations including the International Justice Group (IJG) have been vigorously  lobbying the U.S. and European governments for support for the establishment of an accountability mechanism like the War Crimes Court. International war crimes investigators who traveled to Liberia over the years to collect first-hand evidence from victims and eyewitnesses have presented their findings to the U.S. government including lawmakers to make the case for passage of the resolution which supports the establishment of a war crimes tribunal in Liberia.

Senator Prince Johnson
Former Warlord Turned Senator Prince Johnson

Those recommended for prosecution in the TRC Final Report include now jailed former rebel leader turned former President Charles G. Taylor of the National Patriotic Front, (NPFL), Prince Y. Johnson of the Independent National Patriotic Front (INPFL), Alhaji G.V. Kromah of United Liberation Movement of Liberia (ULIMO-K) and Dr. George S. Boley of the Liberia Peace Council (LPC).

Others include Thomas Yahya Nimley of the Movement for Democracy in Liberia (MODEL) and Sekou Damate Konneh of Liberians United for Reconciliation and Democracy (LURD).

Estimated attendees at the rally is put at 250 – 500. Mr. Sieh of the Movement for Justice in Liberia says the event expects to attract a sizeable number of Liberians, supporters of justice and friends of Liberia.

By Emmanuel Abalo

West African Journal Magazine

 

Liberia: CBL Scandal Defendants Charged With Economic Crimes; Plead “Not Guilty”

The basis for the arrest of senior Central Bank of Liberia (CBL) officials in the financial scandal is now in the possession of West African Journal Magazine.

Monrovia City Court Writ of Arrest
Monrovia City Court Writ of Arrest

The Writ of Arrest charges the crimes Economic Sabotage, Misuse of Public Money, Property or Records and Disbursement and Expenditure of Public Money, Criminal Conspiracy and Criminal Facilitation.

The Writ commands the arrest of the “…living bodies” of Charles E. Sirleaf, Milton Weeks, Dorbor Hagba, Richard H. Walker I, and Joseph G. Dennis. Those arrested were docked at the Monrovia City Court on Monday where they pleaded “not guilty”.

The arrest of the bank officials followed the release of damning audit reports on “missing billions” at the Central Bank.

Meantime, Liberian social media sites have blown up with postings calling for more arrests including Finance and Planning Minister Samuel Tweah who is alleged to be the mastermind in the so-called “infusion” of $25 million USD in the Liberian economy using unregistered and unknown local money changers.

Posters says they will effect a “citizens arrest” of Minister Tweah, if Government refuses to do so. But it is unclear, if such an action is even feasible. Fall-out from the audit report continues to tarnish the image of Government of Liberia.

USD-Liberian Dollar Depreciation 3.5.19
USD-Liberian Dollar Depreciation 3.5.19

Meantime, the Liberian dollar on Tuesday took another nose dive against the US dollar. Exchange rate is now $1 USD is equivalent to $162 Liberian dollars. The depreciation of the Liberia dollar is further sign of lack of confidence in Government’s ability to stabilize the economy in addition to the notoriety of the scandal at the Central Bank involving overprinting of billions of Liberian dollars and its inability to account for the money. 

Staff Reporter

West African Journal Magazine