Missing 25million

Another finding said, “The money issued from the vault daily and disbursed to beneficiaries from the bank’s United States Dollars operational vault was not posted to the bank’s accounting system in real time. For example, money taken from the vault between the periods July 17 – 31, 2018 was not posted to the vault until August 1, 2018 in lump sum. The lump sum amounts posted were without supporting schedules…”

Liberia: $25 Mil Mop Up Exercise Audit Report “Indicts” Govt Officials

May 18, 2019 admin2Liberia, Missing 25million0 comment

Auditor General Report on $25 Million Mop Up Exercise Monrovia, Liberia – May 16, 2019: The Liberian Auditor General Report of Factual Findings of the application of $25 million dollars to mop up excess Liberian dollars on the market has been released and “indicts” the Government officials who managed the exercise. African Star is reporting that based on factual findings of the Auditor, field visits were conducted to ascertain entities which participated in the Mop Up Exercise as listed by the Central Bank of Liberia in its…