Liberia: CBL 'Reluctant' On Paying Housing Bank U.S.$300,000 Debt

Authorities of the Central Bank of Liberia (CBL) have failed to settle a US$300,000 debt owed the National Housing and Saving Bank (NHSB) for the rental of a security vault, a report from the Liberian Senate's Standing Committee on Banking and Currency has revealed.

The committee was on March 26, 2015 mandated by the Plenary of the Senate to investigate why the NHSB is yet to settle its financial obligation to 75 employees that were redundant by the bank years back.

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