Liberia: Patray Hangs to Dry

Liberia's chief prosecutor, Justice Minister Frank Musa Dean says the burden of proof is on the Central Bank of Liberia (CBL) to explain variances and discrepancies cited in a report by the General Auditing Commission (GAC) on the use of a US$25m intended to mop-up excess Liberian Dollars here.

Central Bank Executive Governor Nathaniel Patray is the co-chair to Finance Minister Samuel Tweah on the Economic Management Team that spearheaded the controversial mop - up exercise intended to stabilize the exchange rate here. The entire mop-up transaction was handled by CBL's officials.

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