MONROVIA: President George Weah has remained tightlipped on providing details surrounding the fate of both the ETON and EBOMAF loan agreements ratified by government.
In his 2nd annual message to the legislature Monday, President George Weah lauded the Legislature for the passage of 26 bills including financing agreements into law under government’s first year of stewardship.
Key amongst the bills passed by the legislature, President Weah made specific reference of vetoing two other bills including the Hummingbird loan agreement and the creation of Zeyeama District in Lofa County.
But President Weah failed to further comment on the state of the much anticipated ETON and EBOMAH intended to pave the southeastern corridors of Liberia.
The Liberian Leader added that efforts are ongoing to seeking other international support that will give corridor to the pavement of said route.
Commenting on Liberia’s reported missing banknotes, President George Weah confirmed the submission of findings by USAID, the country’s international partner who has also been investigating.
It can be recalled, in 2018 news broke about Liberia’s missing banknotes following a transition occasioned by the 2017 elections but government and its partners have since launched investigations with reports pending.
But President Weah added that based on USAID’s report, culprits will be punished in line with the organic laws of Liberia.
“The News media in Liberia exaggerated a story alleging a container of 16 billion Liberian dollars. Given the gravity of the allegation, out administration took several actions in response, including setting up a special presidential technical committee investigate.
In ddition, the Government requested the assistance of the European Union, the African Union, the United States Government and the Economic Community of West African States, ECOWAS to help in conducting a separate and standard investigation into the alleged missing money. With the system and support of USAID, an audit team from London was invited to independently investigate.
The report from the crew audit team is expected at the end of February 2019, and will be release to the Public by USAID.
If it establish that there has been any willful act of criminality, negligence by anyone implicated in the report, the full weight of the law will be used against said person.”
Meanwhile President George Weah has vowed to submit legislation to the 54th legislature considering power theft as an economic crime.
The Liberian Leader said the submission of the bill is predicated on increase in power theft which cuts the supply of electricity to other homes and business entities.
He regretted how the Liberia Electricity Cooperation is losing millions of dollars intended to contribute to the economy yearly.
