Liberia: U.S.$1 Million Unaccounted for At Liberia's National Investment Commission

Monrovia — An audit report of the General Auditing Commission (GAC) on the National Investment Commission (NIC) for the years 2010 to 2013 shows several improprieties by the management of the NIC amounting to over one million United States dollars being unaccounted for.

"Upon my assumption as head of the NIC we met an institution that was barely in functional. The National investment Commission was housed within the national archive and portion of said building was occupied by the Archive and many of the employees because of there was nowhere for them to sit and no desk and equipment to work with were sitting under the tree" - O. Natty B. Davies

...

AllAfrica publishes around 400 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.