Oct 2, 2018
Reports of $100M in new bank notes missing not true, Liberian Central Bank official says
MONROVIA, Liberia — Liberia's Central Bank executive governor says that despite earlier government reports that about $100 million in newly printed bills went missing, the money is accounted for.
Nathaniel Patray on Tuesday told reporters that the Liberian currency printed in Sweden had been delivered into bank vaults and recorded as arriving between 2016 and 2018.
He did not take questions and it was not clear why he had not spoken out sooner. Officials reported the money missing in mid-September.
The government had quickly launched an investigation and imposed travel restrictions on 35 people including former President Ellen Johnson Sirleaf's son, a deputy at the Central Bank of Liberia. The government also asked the U.S. and International Monetary Fund for assistance.
Patray is now calling for the government to lift the travel restrictions.