Monrovia, Liberia: Former Central Bank Governor, Milton Weeks, Deputy Governor for Operations, Charles Sirleaf, and the bank’s Director of Banking, Dorbor Hargba have been sent to jail by the Monrovia City Court after failing to up with a L$5.29 billion bond.
Weeks, Sirleaf and Hargba are three out of five men currently being investigated by the Government of Liberia.
Richard H. Walker, I, and Joseph G. Dennis, along with Weeks, Sirleaf and Hargba, were charged with Criminal Conspiracy, Economic Sabotage, Misuse of Public Money, Property or Records and Illegal Disbursement and Expenditure of Public Money.
Walker and Dennis have not been located by the Liberia National Police.
See excerpt from the rate below:
“That during the period January, AD. 2016 up to and including February, A. D. 2018 in the City of Monrovia, Montserrado County, Republic of Liberia, Co-defendant, Charles E. Sirleaf while serving as Acting Central Bank Governor, purposely with the wicked criminal intend, connived and conspired with other officials of the Central Bank of Liberia and the aforesaid co-defendants all of whom un-authorizingly and intentionally printed and caused the printing of excess Liberian Dollars banknotes (L$146,250,000.00) for which the amount of US$401,469.58 was paid to Crane Currency by the Central Bank of Liberia (CBL) on the 5 billion Liberian Dollars Banknotes printing and US$433,898.14 for the excess Liberian Dollars printed (L$359,750,000.00) on the 10 billion transactions, and additionally failing to account for L$2,645,000.00, which the said defendants out of deception criminally converted to their personal use and benefit with the intent to deprive the government and its citizens thereof. The actions on the part of the defendants have the propensity to cause serious economic instability, undermine the government and caused its citizen to rise up against it.”
Lawyers representing the men could not be reached for comment, however, the writ concluded that that Charles Sirleaf, Milton Weeks, Dorbor Hargba, Richard Walker, I., and Joseph Dennis are liable for the amount of Two Billion, Six Hundred and Forty Five Million Liberian Dollars (L$2,645,000,000).
This is a developing story, The Liberian Billboard will bring you more details as information come in.