Tag: Accountability

Business & Finance, Law & Governance, Political Economy, , ,

Corruption: The Persistent Disregard for Budgetary Regulations in Liberia

The national budgets in Liberia have consistently failed to benefit the people, instead primarily benefiting a small group of political elites. For example, both former Presidents Sirleaf (Unity Party) and Weah (Coalition for Democratic Change) touted their budgets as significant achievements for the nation, highlighting initiatives like the Poverty Reduction Strategy and the Pro-Poor agendas.

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Law & Governance, Politics & Society, ,

Meet the Government of Liberia Officials Auditioning for US Sanctions (PART-3)

Using “covert operations” as the pretext, Mr. Weah put at least USD 122m at the disposal of his NSA Director and agents, without regards to the Annual Budget law or the NSA Act[1]. And between the periods of 23-Februry-2018 and 11-December-2023, Mr. Henric Pearson II, working in collaboration with and under the direction of Mr. George Weah, then President of Liberia, made at least 227 individual transactions in which they took bags to the CBL, stuffed it with cash and simply walked out the Bank’s door. Not one cent of that money was ever accounted for

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Law & Governance, Politics & Society, , ,

Meet the Government of Liberia Officials Auditioning for US Sanctions  (PART-2)

Many of the activities observed in the audit constitute grave violations of our financial laws and, in other instances, amount to felonies when proven. For example, violation of the procurement law, failing to remit tax deductions, and making payments without a contract… are all acts that could amount to felonies. …The Senate leaders cannot just say: “Oh, it’s just a glitch; let’s move on.”

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Business & Finance, Political Economy, Regional & Global, ,

The IMF is just about to learn a new economic theory from Liberia: the theory of the leaking bucket

Originally Published under a pseudonym -in July 2019 President George Weah and his merry band of hustlers currently running the show in Liberia are a band in a hurry: hurry to bring overnight development to Liberia; at least that’s the official line.  They’ve been crisscrossing the globe, from Brussels to Beirut, from Singapore to Beijing, in search of easy and fast cash. Liberians already know a

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