The Central Bank of Liberia may now be a place where politicians soliciting funding to contest the ensuing 2014 Mid-Term Senatorial Election can loosely access funds to facilitate the process.
This was proven last weekend when Bong County Senator Jewel Howard-Taylor provided about six million Liberian Dollars to various institutions in Bong County. The money was provided by the CBL as a loan through the Senator.
According to her, the money was intended to assist various institutions in the county. The Bong Motorcyclist Union was given five hundred thousand and Women in Cross border Trade five hundred thousand, while the Youth Organization also received two-hundred and fifty thousand.
The Bong Muslim women were presented two-hundred and fifty thousand, while cheques were presented for loan activities in the various districts. Presenting the cheques on behalf of the Central Bank of Liberia, Senator Jewel Howard-Taylor commended the bank for the loans at very minimum rates. Senator Taylor, who is still serving suspension from the Bong County Legislative Caucus, stated that the loans provided was through her instrumentality as part of her efforts to empower the citizens, especially women.
She noted that it takes such institution like the CBL a lot to entrust people with such cash, describing herself as someone credible. She promised to continue working with the people of Bong County, saying she would prove to the people of Bong County what she has done since her election in 2005.
The Bank's gesture, which was influenced by Senator Taylor, has been viewed as a attempt to convince the people of Bong County toward her re-election just ahead of 2014 Mid-Term Senatorial election.
Mrs. Taylor failed miserably to fulfill her 2005 promises to the people of Bong County, and may be using cash influence in such manner and form to over-turn the disappointment given to Bongese for the past eight years. Senator Taylor cleverly provided some of the money to her political structures across the thirteen administrative districts in the county to solidify also in an attempt to restore her lost political image.
Concerns continue to be raised about the latest move by Central Bank Governor Mill Jones and his collaborators for using public funds to finance pre-election campaign activities. They particularly frowned at the Governor for sponsoring a lawmaker who is being viewed in their county as a serious failure.
Some argued that the political strategy by the lawmaker backed by the Central Bank of Liberia, might not work, especially in the Bong County intellectual community. There was no representative of the CBL during the ceremony marking the presentation of the various cheques.
Though Senator Taylor's political initiative is being supported by the CBL, it is the first time since her election in 2005 that she's developing such interest in the people of Bong County.