12 June 2017

Liberia: Ellen Detects Conflict of Interest

Photo: FrontPage Africa
James Kollie, former deputy ministry of finance.

President Ellen Johnson-Sirleaf has issued a special statement amid preliminary results of an audit on the Private Sector Development Initiative (PDSI) at the Ministry of Finance and Development Planning.

The president ordered Dr. James Kollie, Commissioner, Liberia Maritime Authority (LMA), to immediately return to the country and assist with investigation.

According to an Executive Mansion statement, preliminary audit of PDSI revealed some shocking outcome and results showed that officials at the Ministry of Finance & Development Planning were making loans to themselves in violation of the law.

The statement added that the audit, which covers the period of 2014 to current, is being executed by the Internal Audit Agency.

The statement added that while the process is still ongoing, "We can say with a high degree of confidence that such a scheme set up at the PDSI is clearly a conflict of interest and will be dealt with by the full weight of the law."

"Therefore, I have ordered the principal administrator of the program during the audit period, Commissioner of Maritime Affairs, James Kollie to return to Liberia from his official trip to assist in the audit and answer all of the issues associated with it, President Sirleaf directed.

The Liberian leader has at the same time ordered the Minister of Finance to have a full audit report on her desk within two weeks for further action.

In the statement, the president said "We remain seized of this matter and will leave no stone unturned in the interest of the nation."

More on This

Liberia Corruption Bombshell: President Orders Maritime Head to Return Home

Liberian President Ellen Johnson-Sirleaf has ordered the head of the Liberia Maritime Authority to return home and… Read more »

See What Everyone is Watching

Copyright © 2017 The NEWS. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 800 reports a day from more than 140 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.