Liberia - GAC Report Discovers Over Us$20m Unaccounted At Micat, Lprc

Monrovia — At least US$20 million and more cannot be accounted for by the Liberia Petroleum Refinery Company (LPRC) and the Ministry of Information, Cultural Affairs and Tourism (MICAT) under the leaderships of former managing director T. Nelson Williams and former Minister Lewis G. Brown, according to an audit done by the General Auditing Commission (GAC).

In addition to the alleged misappropriation of that whopping amount, the GAC audit on LPRC for the financial years 2010 to 2014 and MICAT for the fiscal years 2012/2013 to 2014/2015 submitted to the legislature, also observed material deficiencies and irregularities in the financial and operational management of the two entities.

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