Thursday, April 18, 2024

Protests erupt in Liberia over ‘missing banknotes’ worth $104m

Must read

Isaac Kaledzi
Isaac Kaledzihttps://en.wikipedia.org/wiki/Isaac_Kaledzi
Isaac Kaledzi is an experienced and award winning journalist from Ghana. He has worked for several media brands both in Ghana and on the International scene. Isaac Kaledzi is currently serving as an African Correspondent for DW.

Hundreds of Liberians on Monday protested in the capital, Monrovia, as they express anger at the disappearance of some $104m-worth of bank notes.

The protesters held placards with most of them with inscriptions saying “bring back our money”.

The disappearance of huge consignments of the money printed abroad in China and Sweden has shocked many Liberians.

Officials are unable to account for the missing consignments containing the banknotes. They were brought into Liberia between November last year and August this year.

Although the the containers, the money was kept inside left the port in the capital, Monrovia they cannot be found.

- Advertisement -

The containers were placed under tight security escort in March this year and were to be sent to central bank.

Photo: Jonathan Paye Layleh/BBC

Liberia’s government is now investigating the incident with some officials banned from traveling abroad.

Charles Sirleaf, the former Central Bank governor and son of former President Ellen Johnson Sirleaf is among those barred from traveling.

The protesters are hoping their agitations will get results. President Weah took over in January this year promising to deal with corruption and fix the country’s ailing economy.

Source: Africafeeds.com

- Advertisement -

More articles

- Advertisement -

Latest article

- Advertisement -