Politics

Liberia removes central bank governor after audit

Published

5 months ago

July 31, 2024

According to the communications minister and a central bank spokesman, an audit has uncovered illegal loans to the government and unapproved spending, leading to the removal of the governor of the central bank.

President Joseph Boakai of Liberia ordered an audit of three important government agencies, including the national bank, as soon as he took office in January.

Jolue Aloysius Tarlue will be placed on indefinite leave after the General Auditing Commission’s findings, which covered 2018 to 2023, were made public last week.

The investigation discovered “irregularities” in the government’s loans from central banks, including over $80 million in financing for salary payments that appeared to be unapproved.

It also discovered anomalies in the manner in which certain contracts were granted.

The management of the bank “exceeded approved expenditure limits” throughout the five years, according to the investigation, which also concluded that “the approved budget expenditure projections consistently surpassed revenue projections, indicating a pattern of deficit financing.”

According to Transparency International’s Corruption Perceptions Index, which measures public sector corruption, Liberia is ranked 145th out of 180 nations.

Three government officials who had been sanctioned by the US for what it said was their continued involvement in public corruption were suspended in 2022 by then-President George Weah.

A representative of the central bank stated that the governor “will comply with any investigative team that will be set up.”

Politics

Burkina Faso releases 4 French spies after Moroccan intervention

Published

2 days ago

December 20, 2024

Ifeoluwa Dada

In a diplomatic spat over their imprisonment, France and Morocco announced Thursday that four French nationals detained in Burkina Faso for a year had been freed after mediation from Morocco.

They were spies, according to a prior statement made by the director of France’s foreign intelligence organisation, the DGSE.

A request for comment was not answered by the DGSE or a representative of the French military, which is in charge of the agency.

Since December 2023, they have been held in Ouagadougou.

President Emmanuel Macron hailed King Mohammed of Morocco on Wednesday for his intervention, “which made possible the liberation of our four countrymen who had been held in Burkina Faso for a year,” according to a statement from the French administration.

King Mohammed and President Ibrahim Traore of Burkina Faso were also commended by Morocco’s foreign ministry, which stated that “this humanitarian act” was made possible by their positive bilateral ties.

In October, France made peace with Morocco, one of its former protectorates, after three years of hostilities between Paris and Rabat stoked by immigration concerns and the disputed Western Sahara region.

Morocco offers Burkina Faso and other military-ruled Sahel republics Atlantic trade.

However, France’s relations with former West and Central African colonies, such as Burkina Faso, remain difficult. In Ouagadougou, French troops and diplomats were ejected, the defence attache and ambassador were asked to depart, and certain French media were suspended.

The military junta that took control in 2022 in Burkina Faso has been criticized by international rights groups for cracking down on free expression and harassing dissidents to handle a security crisis precipitated by Al Qaeda and Islamic State extremists.

Politics

Ghana: President-elect Mahama appoints anti-corruption team

Published

3 days ago

December 19, 2024

Ifeoluwa Dada

According to a statement released by his transition team on Wednesday, Ghana’s President-elect, John Dramani Mahama, has designated an anti-corruption committee to investigate allegations of wrongdoing.

When he takes office next month, Mahama, the leading opposition candidate in the presidential election held on December 7 and who received almost 56% of the vote, has pledged to reclaim the proceeds of corruption and hold those responsible for it accountable.

In anticipation, an anti-graft squad has been established. The parliament’s Committee on Assurances, which has previously raised suspicions of governmental corruption, is chaired by MP Samuel Okudzeto Ablakwah.

An investigative journalist, a private attorney, a former auditor general, and a former police officer with experience in high-profile robbery cases make up the other three members.

After looking into alleged financial irregularities that took place during the previous administration, Daniel Dumelovo, the former auditor general, was fired.

Recovering lost assets and fighting corruption were two of Mahama’s main campaign pledges.

“He intends to hit the ground running on these commitments,” the statement said.

Eight years after leaving office, former President Mahama is back to head the West African country. Despite not being personally contaminated, he faced criticism during his 2012–2016 administration due to claims of political corruption.